N-30B-2

N-30B-2 1 d521361dn30b2.htm N-30B-2 N-30B-2

LOGO

2017 Annual Report

RiverSource^® Retirement Advisor Variable Annuity – Band 3

LOGO


S-6477 CD (4/18)		Issued by: RiverSource Life Insurance Company

Annual Financial Information

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

TO THE BOARD OF DIRECTORS OF RIVERSOURCE LIFE INSURANCE COMPANY AND

CONTRACT OWNERS OF RIVERSOURCE VARIABLE ACCOUNT 10

Opinions on the Financial Statements

We have audited the accompanying statement of assets and liabilities of each of the divisions of RiverSource Variable Account 10, as indicated in Note 1, offered through RiverSource® Retirement Advisor Variable Annuity – Band 3 sponsored by RiverSource Life Insurance Company, as of December 31, 2017, the related statement of operations for the year ended December 31, 2017, and the statements of changes in net assets for each of the periods indicated in Note 1, including the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the divisions as of December 31, 2017, the results of each of their operations for the year then ended, and the changes in each of their net assets for each of the periods indicated in Note 1, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinions

These financial statements are the responsibility of the management of RiverSource Life Insurance Company. Our responsibility is to express an opinion on the divisions’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the divisions in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of December 31, 2017 by correspondence with the affiliated and unaffiliated mutual fund managers. We believe that our audits provide a reasonable basis for our opinions.

/s/ PricewaterhouseCoopers LLP

Minneapolis, Minnesota

April 20, 2018

We have served as the auditor of one or more investment companies in the Separate Accounts of both RiverSource Life Insurance Company and RiverSource Life Insurance Co. of New York since 2010.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			1

Statements of Assets and Liabilities


Dec. 31, 2017	AB VPS Dyn Asset Alloc, Cl B		AB VPS Global Thematic Gro, Cl B		AB VPS Gro & Inc, Cl B		AB VPS Intl Val, Cl B		ALPS Alerian Engy Infr, Class III
Assets
Investments, at fair value^(1),(2)	$	8,840,985	$	8,645,425	$	87,981,300	$	136,442,182	$	46,484,687
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		576		725		35		18,835		45,993
Receivable for share redemptions		7,690		23,326		150,151		185,077		45,446
Total assets		8,849,251		8,669,476		88,131,486		136,646,094		46,576,126

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		7,635		6,350		61,141		96,401		37,910
Contract terminations		55		16,976		89,010		88,676		7,536
Payable for investments purchased		576		725		35		18,835		45,993
Total liabilities		8,266		24,051		150,186		203,912		91,439
Net assets applicable to contracts in accumulation period		8,840,278		8,591,121		87,783,472		136,163,512		46,402,441
Net assets applicable to contracts in payment period		—		54,304		197,828		278,670		81,799
Net assets applicable to seed money		707		—		—		—		447
Total net assets	$	8,840,985	$	8,645,425	$	87,981,300	$	136,442,182	$	46,484,687
⁽¹⁾ Investment shares		681,124		295,570		2,675,830		8,448,432		4,877,722
⁽²⁾ Investments, at cost	$	8,033,561	$	5,696,052	$	61,288,050	$	131,897,029	$	49,053,723

Dec. 31, 2017 (continued)	AC VP Intl, Cl I		AC VP Mid Cap Val, Cl II		AC VP Ultra, Cl II		AC VP Val, Cl I		BlackRock Global Alloc, Cl III
Assets
Investments, at fair value^(1),(2)	$	10,080,509	$	71,937,429	$	29,024,018	$	39,156,021	$	84,099,017
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		—		118,756		46,970		442		2,304
Receivable for share redemptions		15,171		157,414		43,286		29,536		107,472
Total assets		10,095,680		72,213,599		29,114,274		39,185,999		84,208,793

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		6,706		53,329		21,309		26,010		69,557
Contract terminations		8,465		104,085		21,977		3,526		37,915
Payable for investments purchased		—		118,756		46,970		442		2,304
Total liabilities		15,171		276,170		90,256		29,978		109,776
Net assets applicable to contracts in accumulation period		10,030,768		71,779,238		28,856,100		38,690,622		83,631,883
Net assets applicable to contracts in payment period		49,741		158,191		167,918		465,399		466,950
Net assets applicable to seed money		—		—		—		—		184
Total net assets	$	10,080,509	$	71,937,429	$	29,024,018	$	39,156,021	$	84,099,017
⁽¹⁾ Investment shares		827,628		3,160,695		1,525,974		3,492,955		5,667,050
⁽²⁾ Investments, at cost	$	7,424,542	$	55,169,776	$	19,001,690	$	24,726,538	$	82,401,936

See accompanying notes to financial statements.



2		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	Calvert VP SRI Bal, Cl I		Col VP Bal, Cl 3		Col VP Commodity Strategy, Cl 2		Col VP Contrarian Core, Cl 2		Col VP Disciplined Core, Cl 3
Assets
Investments, at fair value^(1),(2)	$	20,773,892	$	485,154,312	$	4,411,701	$	102,614,090	$	369,907,859
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		510		229,395		2,026		66,194		204
Receivable for share redemptions		13,988		495,431		9,463		163,080		422,444
Total assets		20,788,390		485,879,138		4,423,190		102,843,364		370,330,507

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		13,988		398,861		3,632		82,407		292,626
Contract terminations		—		96,570		5,831		80,673		129,818
Payable for investments purchased		510		229,395		2,026		66,194		204
Total liabilities		14,498		724,826		11,489		229,274		422,648
Net assets applicable to contracts in accumulation period		20,707,570		480,871,954		4,410,794		102,563,223		364,952,368
Net assets applicable to contracts in payment period		66,236		4,282,255		—		50,777		4,955,491
Net assets applicable to seed money		86		103		907		90		—
Total net assets	$	20,773,892	$	485,154,312	$	4,411,701	$	102,614,090	$	369,907,859
⁽¹⁾ Investment shares		9,315,647		18,089,273		735,284		4,713,555		7,680,811
⁽²⁾ Investments, at cost	$	17,673,761	$	344,717,556	$	4,699,664	$	78,696,171	$	177,806,624

Dec. 31, 2017 (continued)	Col VP Div Abs Return, Cl 2		Col VP Divd Opp, Cl 3		Col VP Emerg Mkts Bond, Cl 2		Col VP Emer Mkts, Cl 3		Col VP Global Bond, Cl 3
Assets
Investments, at fair value^(1),(2)	$	3,510,772	$	552,054,530	$	14,749,666	$	164,138,914	$	93,742,694
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		1,458		114,899		64,185		35,972		13,323
Receivable for share redemptions		2,925		675,835		12,154		332,261		253,301
Total assets		3,515,155		552,845,264		14,826,005		164,507,147		94,009,318

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		2,925		406,113		11,440		126,411		69,504
Contract terminations		—		269,722		714		205,850		183,797
Payable for investments purchased		1,458		114,899		64,185		35,972		13,323
Total liabilities		4,383		790,734		76,339		368,233		266,624
Net assets applicable to contracts in accumulation period		3,510,568		548,377,566		14,722,430		163,636,380		93,353,530
Net assets applicable to contracts in payment period		—		3,676,964		26,682		502,534		389,164
Net assets applicable to seed money		204		—		554		—		—
Total net assets	$	3,510,772	$	552,054,530	$	14,749,666	$	164,138,914	$	93,742,694
⁽¹⁾ Investment shares		369,555		22,038,105		1,453,169		7,846,028		10,439,053
⁽²⁾ Investments, at cost	$	3,540,652	$	272,208,164	$	14,169,496	$	104,427,383	$	112,461,085

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			3

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	Col VP Govt Money Mkt, Cl 3		Col VP Hi Yield Bond, Cl 3		Col VP Inc Opp, Cl 3		Col VP Inter Bond, Cl 3		Col VP Lg Cap Gro, Cl 3
Assets
Investments, at fair value^(1),(2)	$	120,106,999	$	253,612,157	$	160,427,858	$	364,529,482	$	135,480,085
Dividends receivable		2,312		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		22,122		37,288		42,596		8,424		1,541
Receivable for share redemptions		107,411		297,017		202,474		376,359		196,484
Total assets		120,238,844		253,946,462		160,672,928		364,914,265		135,678,110

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		89,953		189,476		117,357		270,337		92,478
Contract terminations		17,458		107,541		85,117		106,022		104,006
Payable for investments purchased		22,122		37,288		42,596		8,424		1,541
Total liabilities		129,533		334,305		245,070		384,783		198,025
Net assets applicable to contracts in accumulation period		119,816,842		251,977,476		160,038,773		362,063,153		134,903,428
Net assets applicable to contracts in payment period		292,469		1,634,681		389,085		2,466,329		576,657
Net assets applicable to seed money		—		—		—		—		—
Total net assets	$	120,109,311	$	253,612,157	$	160,427,858	$	364,529,482	$	135,480,085
⁽¹⁾ Investment shares		120,106,999		37,132,087		21,108,929		35,152,313		8,151,630
⁽²⁾ Investments, at cost	$	120,097,786	$	248,457,623	$	183,989,578	$	368,114,001	$	68,715,013

Dec. 31, 2017 (continued)	Col VP Lg Cap Index, Cl 3		Col VP Limited Duration Cr, Cl 2		Col VP Long Govt/Cr Bond, Cl 2		Col VP Mid Cap Gro, Cl 3		Col VP Mid Cap Val, Cl 3
Assets
Investments, at fair value^(1),(2)	$	313,621,969	$	32,255,905	$	15,179,713	$	80,800,564	$	66,373,487
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		83,198		723		7,886		52		11,849
Receivable for share redemptions		357,426		43,886		67,534		93,581		90,996
Total assets		314,062,593		32,300,514		15,255,133		80,894,197		66,476,332

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		246,304		26,537		12,012		63,736		47,984
Contract terminations		111,122		17,349		55,522		29,845		43,012
Payable for investments purchased		83,198		723		7,886		52		11,849
Total liabilities		440,624		44,609		75,420		93,633		102,845
Net assets applicable to contracts in accumulation period		312,357,765		32,255,657		15,077,432		79,949,302		66,145,019
Net assets applicable to contracts in payment period		1,264,180		—		101,786		851,262		228,468
Net assets applicable to seed money		24		248		495		—		—
Total net assets	$	313,621,969	$	32,255,905	$	15,179,713	$	80,800,564	$	66,373,487
⁽¹⁾ Investment shares		15,246,571		3,431,479		1,432,048		3,163,687		2,946,005
⁽²⁾ Investments, at cost	$	189,182,191	$	32,913,512	$	14,487,292	$	39,883,642	$	36,055,751

See accompanying notes to financial statements.



4		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	Col VP Overseas Core, Cl 3		Col VP Select Lg Cap Val, Cl 3		Col VP Select Sm Cap Val, Cl 3		Col VP US Govt Mtge, Cl 3		CS Commodity Return
Assets
Investments, at fair value^(1),(2)	$	94,655,203	$	39,807,436	$	45,595,178	$	81,742,281	$	18,740,981
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		10,175		13,484		23,371		36,886		14,947
Receivable for share redemptions		122,550		106,574		70,710		142,969		63,790
Total assets		94,787,928		39,927,494		45,689,259		81,922,136		18,819,718

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		75,898		28,531		31,911		58,966		13,833
Contract terminations		46,652		78,043		38,799		84,003		49,957
Payable for investments purchased		10,175		13,484		23,371		36,886		14,947
Total liabilities		132,725		120,058		94,081		179,855		78,737
Net assets applicable to contracts in accumulation period		93,626,752		39,734,382		45,520,767		81,352,080		18,727,446
Net assets applicable to contracts in payment period		1,028,451		73,054		74,411		390,201		13,535
Net assets applicable to seed money		—		—		—		—		—
Total net assets	$	94,655,203	$	39,807,436	$	45,595,178	$	81,742,281	$	18,740,981
⁽¹⁾ Investment shares		6,036,684		1,616,874		1,891,916		7,897,805		4,650,367
⁽²⁾ Investments, at cost	$	72,132,456	$	23,853,912	$	24,951,920	$	81,679,144	$	34,938,787

Dec. 31, 2017 (continued)	CTIVP AQR Man Fut Strategy, Cl 2		CTIVP BR Gl Infl Prot Sec, Cl 3		CTIVP Lazard Intl Eq Adv, Cl 2		CTIVP Loomis Sayles Gro, Cl 1		CTIVP MFS Blend Res Core Eq, Cl 3
Assets
Investments, at fair value^(1),(2)	$	19,312,378	$	90,400,372	$	15,772,346	$	142,510,352	$	32,188,663
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		32,044		4,615		623		3,461		—
Receivable for share redemptions		15,997		123,908		18,575		235,127		74,347
Total assets		19,360,419		90,528,895		15,791,544		142,748,940		32,263,010

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		15,054		65,530		12,591		103,197		23,340
Contract terminations		943		58,378		5,984		131,930		51,007
Payable for investments purchased		32,044		4,615		623		3,461		—
Total liabilities		48,041		128,523		19,198		238,588		74,347
Net assets applicable to contracts in accumulation period		19,192,871		90,147,522		15,721,430		142,195,503		32,154,420
Net assets applicable to contracts in payment period		119,078		252,850		50,455		314,849		34,243
Net assets applicable to seed money		429		—		461		—		—
Total net assets	$	19,312,378	$	90,400,372	$	15,772,346	$	142,510,352	$	32,188,663
⁽¹⁾Investment shares		2,495,139		16,587,224		1,318,758		4,880,492		1,586,430
⁽²⁾ Investments, at cost	$	23,165,713	$	118,462,841	$	14,126,586	$	102,492,648	$	16,045,095

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			5

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	CTIVP Vty Sycamore Estb Val, Cl 3		CTIVP WF Short Duration Govt, Cl 2		Deutsche Alt Asset Alloc VIP, Cl B		EV VT Floating-Rate Inc, Init Cl		Fid VIP Contrafund, Serv Cl 2
Assets
Investments, at fair value^(1),(2)	$	35,853,383	$	19,335,715	$	18,872,333	$	148,477,445	$	461,168,732
Dividends receivable		—		—		—		429,719		—
Accounts receivable from RiverSource Life for contract purchase payments		—		967		14,270		10,136		77,485
Receivable for share redemptions		55,302		19,463		14,854		217,774		707,107
Total assets		35,908,685		19,356,145		18,901,457		149,135,074		461,953,324

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		25,760		15,650		14,854		110,403		354,354
Contract terminations		29,542		3,813		—		107,371		352,753
Payable for investments purchased		—		967		14,270		439,855		77,485
Total liabilities		55,302		20,430		29,124		657,629		784,592
Net assets applicable to contracts in accumulation period		35,788,676		19,335,490		18,848,692		148,093,371		460,203,607
Net assets applicable to contracts in payment period		64,707		—		23,321		384,074		964,928
Net assets applicable to seed money		—		225		320		—		197
Total net assets	$	35,853,383	$	19,335,715	$	18,872,333	$	148,477,445	$	461,168,732
⁽¹⁾ Investment shares		1,376,329		1,931,640		1,388,693		16,016,984		12,447,199
⁽²⁾ Investments, at cost	$	23,856,418	$	19,484,241	$	18,862,068	$	148,658,204	$	353,355,506

Dec. 31, 2017 (continued)	Fid VIP Gro & Inc, Serv Cl		Fid VIP Mid Cap, Serv Cl		Fid VIP Overseas, Serv Cl		Fid VIP Strategic Inc, Serv Cl 2		Frank Global Real Est, Cl 2
Assets
Investments, at fair value^(1),(2)	$	45,470,350	$	91,327,600	$	13,657,148	$	117,160,478	$	100,096,194
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		—		—		458		219,689		29,161
Receivable for share redemptions		30,764		86,343		9,141		92,784		127,669
Total assets		45,501,114		91,413,943		13,666,747		117,472,951		100,253,024

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		30,077		60,698		9,141		91,641		70,395
Contract terminations		687		25,645		—		1,143		57,274
Payable for investments purchased		—		—		458		219,689		29,161
Total liabilities		30,764		86,343		9,599		312,473		156,830
Net assets applicable to contracts in accumulation period		45,326,843		90,150,835		13,553,255		116,628,271		99,881,289
Net assets applicable to contracts in payment period		143,507		1,176,765		103,893		531,952		214,905
Net assets applicable to seed money		—		—		—		255		—
Total net assets	$	45,470,350	$	91,327,600	$	13,657,148	$	117,160,478	$	100,096,194
⁽¹⁾ Investment shares		2,019,110		2,366,000		599,787		10,277,235		6,059,092
⁽²⁾ Investments, at cost	$	30,633,278	$	63,496,130	$	11,050,309	$	116,834,932	$	110,289,814

See accompanying notes to financial statements.



6		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	Frank Inc, Cl 2		Frank Sm Cap Val, Cl 2		GS VIT Mid Cap Val, Inst		GS VIT Multi-Strategy Alt, Advisor		GS VIT Sm Cap Eq Insights, Inst
Assets
Investments, at fair value^(1),(2)	$	58,671,320	$	138,461,234	$	149,798,110	$	5,223,431	$	6,730,366
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		90,791		30,228		34,854		774		105
Receivable for share redemptions		65,793		156,146		143,495		4,218		4,587
Total assets		58,827,904		138,647,608		149,976,459		5,228,423		6,735,058

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		49,210		102,619		102,031		4,185		4,382
Contract terminations		16,583		53,527		41,464		33		205
Payable for investments purchased		90,791		30,228		34,854		774		105
Total liabilities		156,584		186,374		178,349		4,992		4,692
Net assets applicable to contracts in accumulation period		58,589,760		138,232,031		148,942,607		5,218,187		6,701,445
Net assets applicable to contracts in payment period		81,284		228,763		855,503		4,745		28,921
Net assets applicable to seed money		276		440		—		499		—
Total net assets	$	58,671,320	$	138,461,234	$	149,798,110	$	5,223,431	$	6,730,366
⁽¹⁾ Investment shares		3,628,406		6,992,992		8,853,316		558,059		492,706
⁽²⁾ Investments, at cost	$	57,199,276	$	115,791,514	$	133,022,896	$	5,301,224	$	6,111,352

Dec. 31, 2017 (continued)	GS VIT U.S. Eq Insights, Inst		Invesco VI Am Fran, Ser I		Invesco VI Bal Risk Alloc, Ser II		Invesco VI Comstock, Ser II		Invesco VI Hlth, Ser II
Assets
Investments, at fair value^(1),(2)	$	125,063,682	$	13,290,794	$	46,894,713	$	144,815,431	$	44,570,241
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		3,061		1,297		31,309		32,947		56,063
Receivable for share redemptions		186,557		8,743		53,599		207,255		54,553
Total assets		125,253,300		13,300,834		46,979,621		145,055,633		44,680,857

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		86,557		8,743		39,068		102,722		32,598
Contract terminations		100,000		—		14,531		104,533		21,955
Payable for investments purchased		3,061		1,297		31,309		32,947		56,063
Total liabilities		189,618		10,040		84,908		240,202		110,616
Net assets applicable to contracts in accumulation period		124,306,053		13,268,779		46,577,213		144,660,673		44,454,230
Net assets applicable to contracts in payment period		757,629		22,015		317,158		154,758		116,011
Net assets applicable to seed money		—		—		342		—		—
Total net assets	$	125,063,682	$	13,290,794	$	46,894,713	$	144,815,431	$	44,570,241
⁽¹⁾ Investment shares		6,443,260		211,065		4,198,273		7,050,410		1,765,158
⁽²⁾ Investments, at cost	$	91,039,848	$	8,869,530	$	48,444,619	$	96,009,286	$	45,213,658

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			7

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	Invesco VI Intl Gro, Ser II		Invesco VI Mid Cap Gro, Ser I		Ivy VIP Asset Strategy		Janus Henderson Enterprise, Serv		Janus Henderson Flex Bond, Serv
Assets
Investments, at fair value^(1),(2)	$	78,374,454	$	20,625,675	$	16,129,959	$	15,839,208	$	50,334,834
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		18,934		1,148		2,185		152		36,491
Receivable for share redemptions		82,130		16,735		46,929		10,499		74,413
Total assets		78,475,518		20,643,558		16,179,073		15,849,859		50,445,738

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		56,114		13,861		13,566		10,353		40,035
Contract terminations		26,015		2,874		33,363		146		34,378
Payable for investments purchased		18,934		1,148		2,185		152		36,491
Total liabilities		101,063		17,883		49,114		10,651		110,904
Net assets applicable to contracts in accumulation period		78,202,812		20,538,071		15,884,537		15,828,158		50,295,115
Net assets applicable to contracts in payment period		171,643		87,604		244,824		11,050		39,639
Net assets applicable to seed money		—		—		598		—		80
Total net assets	$	78,374,455	$	20,625,675	$	16,129,959	$	15,839,208	$	50,334,834
⁽¹⁾ Investment shares		1,992,740		3,670,049		1,721,851		237,576		3,954,033
⁽²⁾ Investments, at cost	$	57,841,924	$	17,075,138	$	18,780,349	$	10,490,414	$	51,150,589

Dec. 31, 2017 (continued)	Janus Henderson Gbl Alloc Mod, Srv		Janus Henderson Global Tech, Serv		Janus Henderson Overseas, Serv		Janus Henderson Res, Serv		Lazard Ret Global Dyn MA, Serv
Assets
Investments, at fair value^(1),(2)	$	6,798,310	$	24,230,029	$	26,122,554	$	47,966,691	$	16,904,901
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		129		—		14,318		60		—
Receivable for share redemptions		6,870		41,096		19,803		99,617		14,755
Total assets		6,805,309		24,271,125		26,156,675		48,066,368		16,919,656

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		5,807		16,146		17,487		36,499		13,869
Contract terminations		1,063		24,950		2,316		63,118		886
Payable for investments purchased		129		—		14,318		60		—
Total liabilities		6,999		41,096		34,121		99,677		14,755
Net assets applicable to contracts in accumulation period		6,756,369		24,076,346		25,970,555		47,930,933		16,904,305
Net assets applicable to contracts in payment period		41,272		153,683		151,999		34,949		—
Net assets applicable to seed money		669		—		—		809		596
Total net assets	$	6,798,310	$	24,230,029	$	26,122,554	$	47,966,691	$	16,904,901
⁽¹⁾ Investment shares		529,463		2,096,023		849,790		1,344,358		1,253,143
⁽²⁾ Investments, at cost	$	6,325,972	$	14,184,803	$	29,156,678	$	35,719,749	$	15,411,012

See accompanying notes to financial statements.



8		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	MFS Mass Inv Gro Stock, Serv Cl		MFS New Dis, Serv Cl		MFS Utilities, Serv Cl		MS VIF Global Real Est, Cl II		MS VIF Mid Cap Gro, Cl II
Assets
Investments, at fair value^(1),(2)	$	63,174,130	$	34,090,379	$	180,143,451	$	39,104,223	$	30,402,542
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		27,103		—		15,317		8,607		842
Receivable for share redemptions		91,949		43,728		181,235		65,195		56,165
Total assets		63,293,182		34,134,107		180,340,003		39,178,025		30,459,549

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		44,773		22,958		135,152		28,860		23,550
Contract terminations		47,176		20,770		46,083		36,335		32,615
Payable for investments purchased		27,103		—		15,317		8,607		842
Total liabilities		119,052		43,728		196,552		73,802		57,007
Net assets applicable to contracts in accumulation period		63,009,974		34,006,717		179,732,344		39,028,674		30,286,974
Net assets applicable to contracts in payment period		164,156		83,662		410,809		75,549		115,150
Net assets applicable to seed money		—		—		298		—		418
Total net assets	$	63,174,130	$	34,090,379	$	180,143,451	$	39,104,223	$	30,402,542
⁽¹⁾ Investment shares		3,437,113		1,835,777		6,216,130		3,526,080		2,565,615
⁽²⁾ Investments, at cost	$	59,232,709	$	27,218,923	$	165,615,310	$	31,836,102	$	28,648,807

Dec. 31, 2017 (continued)	NB AMT Intl Eq, Cl S		NB AMT US Eq Index PW Strat, Cl S		Oppen Global VA, Serv		Oppen Global Strategic Inc VA, Srv		Oppen Main St Sm Cap VA, Serv
Assets
Investments, at fair value^(1),(2)	$	15,150,429	$	3,281,029	$	130,694,675	$	306,521,152	$	101,756,105
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		373		60,299		90,953		211,407		37,878
Receivable for share redemptions		29,164		2,758		278,042		255,522		101,366
Total assets		15,179,966		3,344,086		131,063,670		306,988,081		101,895,349

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		11,258		2,738		99,562		225,226		79,074
Contract terminations		17,906		20		178,480		30,296		22,292
Payable for investments purchased		373		60,299		90,953		211,407		37,878
Total liabilities		29,537		63,057		368,995		466,929		139,244
Net assets applicable to contracts in accumulation period		15,148,542		3,280,401		130,395,274		305,492,587		101,635,577
Net assets applicable to contracts in payment period		1,887		—		298,487		1,028,172		120,093
Net assets applicable to seed money		—		628		914		393		435
Total net assets	$	15,150,429	$	3,281,029	$	130,694,675	$	306,521,152	$	101,756,105
⁽¹⁾ Investment shares		1,111,550		331,417		2,787,856		58,163,407		4,002,994
⁽²⁾ Investments, at cost	$	11,935,760	$	3,217,487	$	95,026,925	$	307,691,177	$	84,992,335

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			9

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	PIMCO VIT All Asset, Advisor Cl		PIMCO VIT Glb MA Man Alloc, Adv Cl		PIMCO VIT Tot Return, Advisor Cl		Put VT Sus Leaders, Cl IB		Royce Micro-Cap, Invest Cl
Assets
Investments, at fair value^(1),(2)	$	91,337,206	$	4,913,809	$	29,844,871	$	29,120,276	$	15,020,263
Dividends receivable		—		—		44,326		—		—
Accounts receivable from RiverSource Life for contract purchase payments		14,416		293		61,404		—		5,269
Receivable for share redemptions		168,471		4,215		28,370		22,132		10,106
Total assets		91,520,093		4,918,317		29,978,971		29,142,408		15,035,638

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		69,438		4,215		24,217		19,562		10,106
Contract terminations		99,033		—		4,152		2,570		—
Payable for investments purchased		14,416		293		105,731		—		5,269
Total liabilities		182,887		4,508		134,100		22,132		15,375
Net assets applicable to contracts in accumulation period		90,753,592		4,913,148		29,834,094		29,060,469		14,822,597
Net assets applicable to contracts in payment period		583,267		—		—		59,807		197,666
Net assets applicable to seed money		347		661		10,777		—		—
Total net assets	$	91,337,206	$	4,913,809	$	29,844,871	$	29,120,276	$	15,020,263
⁽¹⁾ Investment shares		8,326,090		381,211		2,728,050		748,209		1,447,039
⁽²⁾ Investments, at cost	$	91,308,048	$	4,615,422	$	29,831,712	$	17,107,232	$	13,634,084

Dec. 31, 2017 (continued)	Temp Global Bond, Cl 2		Third Ave Val		VanEck VIP Global Gold, Cl S		VP Aggr, Cl 2		VP Aggr, Cl 4
Assets
Investments, at fair value^(1),(2)	$	36,205,590	$	17,073,563	$	12,758,413	$	1,188,160,978	$	810,257,247
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		65,149		2,572		6,663		19,227		4,550
Receivable for share redemptions		28,375		34,517		10,034		1,347,916		1,175,784
Total assets		36,299,114		17,110,652		12,775,110		1,189,528,121		811,437,581

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		28,375		11,446		10,034		914,254		593,684
Contract terminations		—		23,071		—		433,662		582,100
Payable for investments purchased		65,149		2,572		6,663		19,227		4,550
Total liabilities		93,524		37,089		16,697		1,367,143		1,180,334
Net assets applicable to contracts in accumulation period		36,205,322		16,850,807		12,757,628		1,187,514,585		810,257,247
Net assets applicable to contracts in payment period		—		222,756		—		646,304		—
Net assets applicable to seed money		268		—		785		89		—
Total net assets	$	36,205,590	$	17,073,563	$	12,758,413	$	1,188,160,978	$	810,257,247
⁽¹⁾ Investment shares		2,192,949		923,894		1,678,767		59,977,838		40,839,579
⁽²⁾ Investments, at cost	$	38,158,545	$	15,119,845	$	12,814,353	$	772,391,188	$	434,867,511

See accompanying notes to financial statements.



10		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	VP Conserv, Cl 2		VP Conserv, Cl 4		VP Man Risk, Cl 2		VP Man Risk US, Cl 2		VP Man Vol Conserv, Cl 2
Assets
Investments, at fair value^(1),(2)	$	466,977,184	$	565,866,207	$	17,080,092	$	10,666,354	$	412,801,216
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		32,518		—		147,315		50,000		502
Receivable for share redemptions		509,664		599,304		11,482		7,580		1,826,038
Total assets		467,519,366		566,465,511		17,238,889		10,723,934		414,627,756

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		390,618		439,677		11,482		7,580		333,822
Contract terminations		119,046		159,627		—		—		1,492,216
Payable for investments purchased		32,518		—		147,315		50,000		502
Total liabilities		542,182		599,304		158,797		57,580		1,826,540
Net assets applicable to contracts in accumulation period		466,853,377		565,866,207		17,079,840		10,666,018		412,801,061
Net assets applicable to contracts in payment period		123,739		—		—		—		—
Net assets applicable to seed money		68		—		252		336		155
Total net assets	$	466,977,184	$	565,866,207	$	17,080,092	$	10,666,354	$	412,801,216
⁽¹⁾ Investment shares		33,595,481		40,739,108		1,643,897		1,018,754		35,494,516
⁽²⁾ Investments, at cost	$	395,992,864	$	452,929,022	$	16,774,540	$	10,430,643	$	381,497,052

Dec. 31, 2017 (continued)	VP Man Vol Conserv Gro, Cl 2		VP Man Vol Gro, Cl 2		VP Man Vol Mod Gro, Cl 2		VP Mod, Cl 2		VP Mod, Cl 4
Assets
Investments, at fair value^(1),(2)	$	1,283,319,601	$	9,417,648,207	$	13,380,653,560	$	7,073,182,882	$	8,698,841,327
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		831,742		4,078,972		1,279,253		33,382		184,434
Receivable for share redemptions		1,043,704		7,552,764		11,486,251		7,037,405		9,395,171
Total assets		1,285,195,047		9,429,279,943		13,393,419,064		7,080,253,669		8,708,420,932

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		1,039,185		7,334,151		10,720,101		5,620,001		6,515,083
Contract terminations		4,519		218,613		766,150		1,417,404		2,880,088
Payable for investments purchased		831,742		4,078,972		1,279,253		33,382		184,434
Total liabilities		1,875,446		11,631,736		12,765,504		7,070,787		9,579,605
Net assets applicable to contracts in accumulation period		1,283,258,714		9,415,807,606		13,380,398,406		7,069,534,120		8,698,841,327
Net assets applicable to contracts in payment period		60,814		1,840,530		255,131		3,648,714		—
Net assets applicable to seed money		73		71		23		48		—
Total net assets	$	1,283,319,601	$	9,417,648,207	$	13,380,653,560	$	7,073,182,882	$	8,698,841,327
⁽¹⁾ Investment shares		104,165,552		686,918,177		942,963,605		419,275,808		515,029,090
⁽²⁾ Investments, at cost	$	1,128,016,011	$	7,823,601,170	$	10,867,308,487	$	4,884,787,435	$	5,208,356,941

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			11

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	VP Mod Aggr, Cl 2		VP Mod Aggr, Cl 4		VP Mod Conserv, Cl 2		VP Mod Conserv, Cl 4		VP Ptnrs Sm Cap Val, Cl 3
Assets
Investments, at fair value^(1),(2)	$	3,799,414,551	$	2,900,251,227	$	1,344,015,655	$	1,656,916,721	$	83,615,097
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		117,229		351,960		466,511		103		1,942
Receivable for share redemptions		3,948,123		3,490,175		1,491,655		2,363,195		82,465
Total assets		3,803,479,903		2,904,093,362		1,345,973,821		1,659,280,019		83,699,504

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		2,962,234		2,133,052		1,103,616		1,274,150		57,960
Contract terminations		985,889		1,357,123		388,039		1,089,045		24,505
Payable for investments purchased		117,229		351,960		466,511		103		1,942
Total liabilities		4,065,352		3,842,135		1,958,166		2,363,298		84,407
Net assets applicable to contracts in accumulation period		3,797,464,127		2,900,251,227		1,342,605,911		1,656,916,721		83,133,381
Net assets applicable to contracts in payment period		1,950,355		—		1,409,722		—		481,716
Net assets applicable to seed money		69		—		22		—		—
Total net assets	$	3,799,414,551	$	2,900,251,227	$	1,344,015,655	$	1,656,916,721	$	83,615,097
⁽¹⁾ Investment shares		207,165,461		157,879,762		87,959,140		108,295,211		3,015,330
⁽²⁾ Investments, at cost	$	2,475,652,617	$	1,605,320,178	$	1,030,675,119	$	1,129,475,593	$	41,063,722

Dec. 31, 2017 (continued)	VP US Flex Conserv Gro, Cl 2		VP US Flex Gro, Cl 2		VP US Flex Mod Gro, Cl 2		Wanger Intl		Wanger USA
Assets
Investments, at fair value^(1),(2)	$	77,086,692	$	948,181,416	$	675,916,308	$	224,310,750	$	269,823,645
Dividends receivable		—		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		127,577		1,543,982		314,345		43,619		45,906
Receivable for share redemptions		121,195		743,970		651,481		358,144		280,610
Total assets		77,335,464		950,469,368		676,882,134		224,712,513		270,150,161

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		59,919		742,511		527,588		158,053		189,340
Contract terminations		61,276		1,459		123,893		200,091		91,270
Payable for investments purchased		127,577		1,543,982		314,345		43,619		45,906
Total liabilities		248,772		2,287,952		965,826		401,763		326,516
Net assets applicable to contracts in accumulation period		77,036,843		948,181,325		675,916,172		223,806,431		268,914,510
Net assets applicable to contracts in payment period		49,587		—		—		504,319		909,135
Net assets applicable to seed money		262		91		136		—		—
Total net assets	$	77,086,692	$	948,181,416	$	675,916,308	$	224,310,750	$	269,823,645
⁽¹⁾ Investment shares		6,852,150		77,339,430		57,475,877		7,273,371		10,090,637
⁽²⁾ Investments, at cost	$	72,353,655	$	843,945,918	$	618,980,774	$	198,961,694	$	283,115,049

See accompanying notes to financial statements.



12		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Assets and Liabilities


Dec. 31, 2017 (continued)	WF VT Index Asset Alloc, Cl 2		WF VT Intl Eq, Cl 2		WF VT Sm Cap Gro, Cl 2		WA Var Global Hi Yd Bond, Cl II
Assets
Investments, at fair value^(1),(2)	$	27,343,334	$	40,675,157	$	69,946,793	$	10,224,341
Dividends receivable		—		—		—		—
Accounts receivable from RiverSource Life for contract purchase payments		34		7,705		14,063		15,045
Receivable for share redemptions		27,127		55,244		94,296		8,209
Total assets		27,370,495		40,738,106		70,055,152		10,247,595

Liabilities
Payable to RiverSource Life for:
Mortality and expense risk fee		18,475		29,679		53,811		8,204
Contract terminations		8,652		25,565		40,485		5
Payable for investments purchased		34		7,705		14,063		15,045
Total liabilities		27,161		62,949		108,359		23,254
Net assets applicable to contracts in accumulation period		26,751,286		40,532,989		69,834,566		10,221,966
Net assets applicable to contracts in payment period		592,048		142,168		111,506		1,865
Net assets applicable to seed money		—		—		721		510
Total net assets	$	27,343,334	$	40,675,157	$	69,946,793	$	10,224,341
⁽¹⁾ Investment shares		1,337,082		7,560,438		6,871,001		1,359,620
⁽²⁾ Investments, at cost	$	19,036,911	$	35,745,883	$	58,348,011	$	10,539,540

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			13

Statements of Operations


Year ended Dec. 31, 2017	AB VPS Dyn Asset Alloc, Cl B		AB VPS Global Thematic Gro, Cl B			AB VPS Gro & Inc, Cl B			AB VPS Intl Val, Cl B			ALPS Alerian Engy Infr, Class III
Investment income
Dividend income	$	143,070	$	20,823		$	1,075,163		$	2,571,519		$	888,170
Variable account expenses		86,013		70,126			755,475			1,194,917			491,021
Investment income (loss) — net		57,057		(49,303	)		319,688			1,376,602			397,149

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		1,845,032		1,827,497			17,132,308			23,493,128			11,312,931
Cost of investments sold		1,751,789		1,281,980			12,177,431			24,487,254			11,800,728
Net realized gain (loss) on sales of investments		93,243		545,517			4,954,877			(994,126	)		(487,797	)
Distributions from capital gains		—		—			7,448,020			—			—
Net change in unrealized appreciation or depreciation of investments		822,777		1,709,525			1,280,967			28,431,540			(851,400	)
Net gain (loss) on investments		916,020		2,255,042			13,683,864			27,437,414			(1,339,197	)
Net increase (decrease) in net assets resulting from operations	$	973,077	$	2,205,739		$	14,003,552		$	28,814,016		$	(942,048	)

Year ended Dec. 31, 2017 (continued)	AC VP Intl, Cl I		AC VP Mid Cap Val, Cl II			AC VP Ultra, Cl II			AC VP Val, Cl I			BlackRock Global Alloc, Cl III
Investment income
Dividend income	$	84,935	$	995,038		$	66,053		$	666,557		$	1,042,342
Variable account expenses		80,776		663,337			255,049			338,468			833,330
Investment income (loss) — net		4,159		331,701			(188,996	)		328,089			209,012

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		1,565,165		15,637,075			7,562,800			8,116,815			14,645,660
Cost of investments sold		1,283,965		12,365,869			5,246,150			5,350,525			14,888,175
Net realized gain (loss) on sales of investments		281,200		3,271,206			2,316,650			2,766,290			(242,515	)
Distributions from capital gains		—		1,449,677			1,363,560			—			968,404
Net change in unrealized appreciation or depreciation of investments		2,223,080		1,963,972			3,883,943			(106,532	)		8,507,522
Net gain (loss) on investments		2,504,280		6,684,855			7,564,153			2,659,758			9,233,411
Net increase (decrease) in net assets resulting from operations	$	2,508,439	$	7,016,556		$	7,375,157		$	2,987,847		$	9,442,423

Year ended Dec. 31, 2017 (continued)	Calvert VP SRI Bal, Cl I		Col VP Bal, Cl 3			Col VP Commodity Strategy, Cl 2			Col VP Contrarian Core, Cl 2			Col VP Disciplined Core, Cl 3
Investment income
Dividend income	$	412,692	$	—		$	205,898		$	—		$	—
Variable account expenses		176,423		4,699,356			38,874			922,281			3,518,792
Investment income (loss) — net		236,269		(4,699,356	)		167,024			(922,281	)		(3,518,792	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		3,594,184		53,684,560			793,463			11,723,657			52,914,012
Cost of investments sold		3,155,285		39,185,078			889,289			9,565,048			28,440,671
Net realized gain (loss) on sales of investments		438,899		14,499,482			(95,826	)		2,158,609			24,473,341
Distributions from capital gains		210,027		—			—			—			—
Net change in unrealized appreciation or depreciation of investments		1,304,634		47,028,327			(13,033	)		15,402,606			52,622,378
Net gain (loss) on investments		1,953,560		61,527,809			(108,859	)		17,561,215			77,095,719
Net increase (decrease) in net assets resulting from operations	$	2,189,829	$	56,828,453		$	58,165		$	16,638,934		$	73,576,927

See accompanying notes to financial statements.



14		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Operations


Year ended Dec. 31, 2017 (continued)	Col VP Div Abs Return, Cl 2			Col VP Divd Opp, Cl 3			Col VP Emerg Mkts Bond, Cl 2			Col VP Emer Mkts, Cl 3			Col VP Global Bond, Cl 3
Investment income
Dividend income	$	—		$	—		$	536,093		$	137,223		$	—
Variable account expenses		40,173			5,188,484			119,746			1,435,932			934,957
Investment income (loss) — net		(40,173	)		(5,188,484	)		416,347			(1,298,709	)		(934,957	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		1,476,253			107,873,298			2,287,998			24,730,851			21,267,945
Cost of investments sold		1,504,831			57,830,674			2,214,131			18,907,677			26,111,729
Net realized gain (loss) on sales of investments		(28,578	)		50,042,624			73,867			5,823,174			(4,843,784	)
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		131,250			24,858,884			645,829			50,020,261			10,625,216
Net gain (loss) on investments		102,672			74,901,508			719,696			55,843,435			5,781,432
Net increase (decrease) in net assets resulting from operations	$	62,499		$	69,713,024		$	1,136,043		$	54,544,726		$	4,846,475

Year ended Dec. 31, 2017 (continued)	Col VP Govt Money Mkt, Cl 3			Col VP Hi Yield Bond, Cl 3			Col VP Inc Opp, Cl 3			Col VP Inter Bond, Cl 3			Col VP Lg Cap Gro, Cl 3
Investment income
Dividend income	$	384,337		$	14,524,045		$	10,492,569		$	10,371,164		$	—
Variable account expenses		1,255,670			2,533,872			1,587,412			3,603,743			1,146,471
Investment income (loss) — net		(871,333	)		11,990,173			8,905,157			6,767,421			(1,146,471	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		65,703,030			52,112,614			37,945,122			74,085,366			24,561,772
Cost of investments sold		65,698,327			50,509,558			43,336,995			74,453,008			13,719,121
Net realized gain (loss) on sales of investments		4,703			1,603,056			(5,391,873	)		(367,642	)		10,842,651
Distributions from capital gains		—			—			—			3,279,729			—
Net change in unrealized appreciation or depreciation of investments		(4,702	)		1,034,508			5,899,729			1,257,317			21,763,094
Net gain (loss) on investments		1			2,637,564			507,856			4,169,404			32,605,745
Net increase (decrease) in net assets resulting from operations	$	(871,332	)	$	14,627,737		$	9,413,013		$	10,936,825		$	31,459,274

Year ended Dec. 31, 2017 (continued)	Col VP Lg Cap Index, Cl 3			Col VP Limited Duration Cr, Cl 2			Col VP Long Govt/Cr Bond, Cl 2			Col VP Mid Cap Gro, Cl 3			Col VP Mid Cap Val, Cl 3
Investment income
Dividend income	$	—		$	627,227		$	475,241		$	—		$	—
Variable account expenses		2,749,966			314,764			150,518			781,772			626,922
Investment income (loss) — net		(2,749,966	)		312,463			324,723			(781,772	)		(626,922	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		30,498,074			11,110,647			6,291,949			12,187,325			16,543,538
Cost of investments sold		19,077,338			11,313,882			6,204,488			6,580,746			9,624,355
Net realized gain (loss) on sales of investments		11,420,736			(203,235	)		87,461			5,606,579			6,919,183
Distributions from capital gains		—			—			58,753			—			—
Net change in unrealized appreciation or depreciation of investments		42,608,852			107,617			968,612			10,529,901			1,708,920
Net gain (loss) on investments		54,029,588			(95,618	)		1,114,826			16,136,480			8,628,103
Net increase (decrease) in net assets resulting from operations	$	51,279,622		$	216,845		$	1,439,549		$	15,354,708		$	8,001,181

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			15

Statements of Operations


Year ended Dec. 31, 2017 (continued)	Col VP Overseas Core, Cl 3			Col VP Select Lg Cap Val, Cl 3			Col VP Select Sm Cap Val, Cl 3			Col VP US Govt Mtge, Cl 3			CS Commodity Return
Investment income
Dividend income	$	1,822,629		$	—		$	—		$	2,459,814		$	1,767,240
Variable account expenses		928,396			322,465			413,121			798,011			180,961
Investment income (loss) — net		894,233			(322,465	)		(413,121	)		1,661,803			1,586,279

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		18,153,554			8,153,699			10,513,583			23,237,483			4,949,554
Cost of investments sold		15,242,103			5,207,219			6,103,280			23,176,387			9,471,948
Net realized gain (loss) on sales of investments		2,911,451			2,946,480			4,410,303			61,096			(4,522,394	)
Distributions from capital gains		—			—			—			59,402			—
Net change in unrealized appreciation or depreciation of investments		17,549,192			3,974,983			943,685			301,910			2,964,478
Net gain (loss) on investments		20,460,643			6,921,463			5,353,988			422,408			(1,557,916	)
Net increase (decrease) in net assets resulting from operations	$	21,354,876		$	6,598,998		$	4,940,867		$	2,084,211		$	28,363

Year ended Dec. 31, 2017 (continued)	CTIVP AQR Man Fut Strategy, Cl 2			CTIVP BR Gl Infl Prot Sec, Cl 3			CTIVP Lazard Intl Eq Adv, Cl 2			CTIVP Loomis Sayles Gro, Cl 1			CTIVP MFS Blend Res Core Eq, Cl 3
Investment income
Dividend income	$	65,298		$	2,190,556		$	117,406		$	—		$	—
Variable account expenses		203,278			864,520			105,714			1,254,278			292,507
Investment income (loss) — net		(137,980	)		1,326,036			11,692			(1,254,278	)		(292,507	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		7,052,672			19,817,634			1,479,724			28,898,635			7,545,337
Cost of investments sold		8,725,217			26,310,987			1,363,742			23,297,686			4,055,976
Net realized gain (loss) on sales of investments		(1,672,545	)		(6,493,353	)		115,982			5,600,949			3,489,361
Distributions from capital gains		—			826,143			—			—			—
Net change in unrealized appreciation or depreciation of investments		1,320,748			5,851,617			1,745,690			33,490,002			2,478,405
Net gain (loss) on investments		(351,797	)		184,407			1,861,672			39,090,951			5,967,766
Net increase (decrease) in net assets resulting from operations	$	(489,777	)	$	1,510,443		$	1,873,364		$	37,836,673		$	5,675,259

Year ended Dec. 31, 2017 (continued)	CTIVP Vty Sycamore Estb Val, Cl 3			CTIVP WF Short Duration Govt, Cl 2			Deutsche Alt Asset Alloc VIP, Cl B			EV VT Floating-Rate Inc, Init Cl			Fid VIP Contrafund, Serv Cl 2
Investment income
Dividend income	$	—		$	128,792		$	413,174		$	5,360,192		$	3,461,050
Variable account expenses		303,019			183,368			196,075			1,519,383			4,338,304
Investment income (loss) — net		(303,019	)		(54,576	)		217,099			3,840,809			(877,254	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		6,187,065			12,830,281			5,357,831			36,793,811			76,543,315
Cost of investments sold		4,305,416			12,901,850			5,514,669			36,774,726			60,894,252
Net realized gain (loss) on sales of investments		1,881,649			(71,569	)		(156,838	)		19,085			15,649,063
Distributions from capital gains		—			987			—			—			24,511,246
Net change in unrealized appreciation or depreciation of investments		3,027,663			13,286			1,095,702			221,743			44,424,567
Net gain (loss) on investments		4,909,312			(57,296	)		938,864			240,828			84,584,876
Net increase (decrease) in net assets resulting from operations	$	4,606,293		$	(111,872	)	$	1,155,963		$	4,081,637		$	83,707,622

See accompanying notes to financial statements.



16		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Operations


Year ended Dec. 31, 2017 (continued)	Fid VIP Gro & Inc, Serv Cl			Fid VIP Mid Cap, Serv Cl			Fid VIP Overseas, Serv Cl			Fid VIP Strategic Inc, Serv Cl 2			Frank Global Real Est, Cl 2
Investment income
Dividend income	$	513,334		$	541,135		$	170,554		$	3,425,371		$	3,273,978
Variable account expenses		373,911			750,304			109,398			933,879			928,261
Investment income (loss) — net		139,423			(209,169	)		61,156			2,491,492			2,345,717

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		7,351,191			14,674,981			2,639,200			8,274,155			23,013,989
Cost of investments sold		5,279,422			11,027,556			2,351,375			8,141,170			26,191,661
Net realized gain (loss) on sales of investments		2,071,769			3,647,425			287,825			132,985			(3,177,672	)
Distributions from capital gains		1,104,973			4,157,016			12,011			592,283			—
Net change in unrealized appreciation or depreciation of investments		3,274,425			8,550,869			2,911,505			2,304,151			10,445,982
Net gain (loss) on investments		6,451,167			16,355,310			3,211,341			3,029,419			7,268,310
Net increase (decrease) in net assets resulting from operations	$	6,590,590		$	16,146,141		$	3,272,497		$	5,520,911		$	9,614,027

Year ended Dec. 31, 2017 (continued)	Frank Inc, Cl 2			Frank Sm Cap Val, Cl 2			GS VIT Mid Cap Val, Inst			GS VIT Multi-Strategy Alt, Advisor			GS VIT Sm Cap Eq Insights, Inst
Investment income
Dividend income	$	2,352,492		$	712,487		$	1,081,933		$	102,318		$	35,519
Variable account expenses		598,721			1,276,935			1,327,353			48,211			55,627
Investment income (loss) — net		1,753,771			(564,448	)		(245,420	)		54,107			(20,108	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		11,568,204			27,562,500			30,991,865			918,061			1,211,023
Cost of investments sold		11,574,314			24,022,544			27,306,680			936,635			1,036,553
Net realized gain (loss) on sales of investments		(6,110	)		3,539,956			3,685,185			(18,574	)		174,470
Distributions from capital gains		—			9,744,601			8,124,976			—			727,323
Net change in unrealized appreciation or depreciation of investments		2,883,440			(204,017	)		3,348,262			153,484			(205,019	)
Net gain (loss) on investments		2,877,330			13,080,540			15,158,423			134,910			696,774
Net increase (decrease) in net assets resulting from operations	$	4,631,101		$	12,516,092		$	14,913,003		$	189,017		$	676,666

Year ended Dec. 31, 2017 (continued)	GS VIT U.S. Eq Insights, Inst			Invesco VI Am Fran, Ser I			Invesco VI Bal Risk Alloc, Ser II			Invesco VI Comstock, Ser II			Invesco VI Hlth, Ser II
Investment income
Dividend income	$	1,628,772		$	10,582		$	1,738,549		$	2,758,587		$	39,996
Variable account expenses		1,058,429			110,107			481,980			1,283,497			437,039
Investment income (loss) — net		570,343			(99,525	)		1,256,569			1,475,090			(397,043	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		22,157,367			2,294,920			11,428,340			32,471,925			12,241,390
Cost of investments sold		15,230,472			1,514,913			11,617,806			22,451,171			12,299,367
Net realized gain (loss) on sales of investments		6,926,895			780,007			(189,466	)		10,020,754			(57,977	)
Distributions from capital gains		12,747,888			1,032,123			2,493,870			6,043,427			2,481,685
Net change in unrealized appreciation or depreciation of investments		4,924,276			1,342,430			237,135			4,455,826			4,566,688
Net gain (loss) on investments		24,599,059			3,154,560			2,541,539			20,520,007			6,990,396
Net increase (decrease) in net assets resulting from operations	$	25,169,402		$	3,055,035		$	3,798,108		$	21,995,097		$	6,593,353

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			17

Statements of Operations


Year ended Dec. 31, 2017 (continued)	Invesco VI Intl Gro, Ser II			Invesco VI Mid Cap Gro, Ser I			Ivy VIP Asset Strategy			Janus Henderson Enterprise, Serv			Janus Henderson Flex Bond, Serv
Investment income
Dividend income	$	978,682		$	—		$	253,050		$	21,703		$	1,267,266
Variable account expenses		715,033			172,306			179,672			123,458			512,667
Investment income (loss) — net		263,649			(172,306	)		73,378			(101,755	)		754,599

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		18,382,824			3,191,315			6,256,070			2,269,854			14,932,794
Cost of investments sold		14,522,315			2,714,539			7,964,642			1,570,071			15,107,996
Net realized gain (loss) on sales of investments		3,860,509			476,776			(1,708,572	)		699,783			(175,202	)
Distributions from capital gains		—			1,255,498			—			992,093			—
Net change in unrealized appreciation or depreciation of investments		11,394,812			2,387,517			4,338,265			1,862,667			618,775
Net gain (loss) on investments		15,255,321			4,119,791			2,629,693			3,554,543			443,573
Net increase (decrease) in net assets resulting from operations	$	15,518,970		$	3,947,485		$	2,703,071		$	3,452,788		$	1,198,172

Year ended Dec. 31, 2017 (continued)	Janus Henderson Gbl Alloc Mod, Srv			Janus Henderson Global Tech, Serv			Janus Henderson Overseas, Serv			Janus Henderson Res, Serv			Lazard Ret Global Dyn MA, Serv
Investment income
Dividend income	$	45,765		$	—		$	402,139		$	114,171		$	—
Variable account expenses		67,443			189,131			216,377			448,643			159,658
Investment income (loss) — net		(21,678	)		(189,131	)		185,762			(334,472	)		(159,658	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		2,686,221			4,272,098			4,430,390			10,745,861			3,471,731
Cost of investments sold		2,686,726			2,675,503			5,443,250			8,676,370			3,287,918
Net realized gain (loss) on sales of investments		(505	)		1,596,595			(1,012,860	)		2,069,491			183,813
Distributions from capital gains		—			1,386,120			—			460,576			885,077
Net change in unrealized appreciation or depreciation of investments		918,305			5,186,017			7,387,154			8,787,414			1,786,391
Net gain (loss) on investments		917,800			8,168,732			6,374,294			11,317,481			2,855,281
Net increase (decrease) in net assets resulting from operations	$	896,122		$	7,979,601		$	6,560,056		$	10,983,009		$	2,695,623

Year ended Dec. 31, 2017 (continued)	MFS Mass Inv Gro Stock, Serv Cl			MFS New Dis, Serv Cl			MFS Utilities, Serv Cl			MS VIF Global Real Est, Cl II			MS VIF Mid Cap Gro, Cl II
Investment income
Dividend income	$	258,564		$	—		$	7,622,325		$	1,010,945		$	—
Variable account expenses		557,868			276,952			1,753,184			386,432			279,999
Investment income (loss) — net		(299,304	)		(276,952	)		5,869,141			624,513			(279,999	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		14,159,210			5,650,783			33,860,238			11,423,363			8,292,692
Cost of investments sold		14,290,220			5,063,699			31,360,039			9,639,518			8,766,578
Net realized gain (loss) on sales of investments		(131,010	)		587,084			2,500,199			1,783,845			(473,886	)
Distributions from capital gains		3,230,724			657,206			—			—			—
Net change in unrealized appreciation or depreciation of investments		12,127,599			6,381,065			15,226,111			1,052,451			9,579,315
Net gain (loss) on investments		15,227,313			7,625,355			17,726,310			2,836,296			9,105,429
Net increase (decrease) in net assets resulting from operations	$	14,928,009		$	7,348,403		$	23,595,451		$	3,460,809		$	8,825,430

See accompanying notes to financial statements.



18		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Operations


Year ended Dec. 31, 2017 (continued)	NB AMT Intl Eq, Cl S			NB AMT US Eq Index PW Strat, Cl S			Oppen Global VA, Serv			Oppen Global Strategic Inc VA, Srv			Oppen Main St Sm Cap VA, Serv
Investment income
Dividend income	$	94,644		$	—		$	837,251		$	6,465,992		$	628,959
Variable account expenses		135,293			31,986			1,106,041			2,993,791			946,249
Investment income (loss) — net		(40,649	)		(31,986	)		(268,790	)		3,472,201			(317,290	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		3,383,393			984,667			15,965,473			64,516,051			15,161,577
Cost of investments sold		2,896,334			1,007,302			12,918,998			65,666,891			12,878,723
Net realized gain (loss) on sales of investments		487,059			(22,635	)		3,046,475			(1,150,840	)		2,282,854
Distributions from capital gains		—			—			—			—			5,245,333
Net change in unrealized appreciation or depreciation of investments		2,876,115			214,361			31,145,014			14,093,605			4,530,014
Net gain (loss) on investments		3,363,174			191,726			34,191,489			12,942,765			12,058,201
Net increase (decrease) in net assets resulting from operations	$	3,322,525		$	159,740		$	33,922,699		$	16,414,966		$	11,740,911

Year ended Dec. 31, 2017 (continued)	PIMCO VIT All Asset, Advisor Cl			PIMCO VIT Glb MA Man Alloc, Adv Cl			PIMCO VIT Tot Return, Advisor Cl			Put VT Sus Leaders, Cl IB			Royce Micro-Cap, Invest Cl
Investment income
Dividend income	$	4,138,832		$	96,770		$	448,173		$	175,187		$	100,147
Variable account expenses		889,466			49,264			241,055			235,889			132,964
Investment income (loss) — net		3,249,366			47,506			207,118			(60,702	)		(32,817	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		18,050,956			675,968			5,941,140			4,662,747			3,175,131
Cost of investments sold		18,441,182			658,596			5,999,022			2,932,777			2,670,988
Net realized gain (loss) on sales of investments		(390,226	)		17,372			(57,882	)		1,729,970			504,143
Distributions from capital gains		—			—			—			1,986,222			1,569,056
Net change in unrealized appreciation or depreciation of investments		8,042,860			472,156			628,042			3,197,499			(1,405,678	)
Net gain (loss) on investments		7,652,634			489,528			570,160			6,913,691			667,521
Net increase (decrease) in net assets resulting from operations	$	10,902,000		$	537,034		$	777,278		$	6,852,989		$	634,704

Year ended Dec. 31, 2017 (continued)	Temp Global Bond, Cl 2			Third Ave Val			VanEck VIP Global Gold, Cl S			VP Aggr, Cl 2			VP Aggr, Cl 4
Investment income
Dividend income	$	—		$	143,730		$	559,312		$	—		$	—
Variable account expenses		336,722			145,276			122,919			11,089,187			7,759,709
Investment income (loss) — net		(336,722	)		(1,546	)		436,393			(11,089,187	)		(7,759,709	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		5,758,399			2,807,384			4,124,729			163,965,466			223,353,597
Cost of investments sold		6,051,742			2,621,784			4,206,623			114,395,960			128,664,154
Net realized gain (loss) on sales of investments		(293,343	)		185,600			(81,894	)		49,569,506			94,689,443
Distributions from capital gains		109,998			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		752,854			1,880,831			887,875			147,857,778			52,105,401
Net gain (loss) on investments		569,509			2,066,431			805,981			197,427,284			146,794,844
Net increase (decrease) in net assets resulting from operations	$	232,787		$	2,064,885		$	1,242,374		$	186,338,097		$	139,035,135

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			19

Statements of Operations


Year ended Dec. 31, 2017 (continued)	VP Conserv, Cl 2			VP Conserv, Cl 4			VP Man Risk, Cl 2⁽¹⁾			VP Man Risk US, Cl 2⁽¹⁾			VP Man Vol Conserv, Cl 2
Investment income
Dividend income	$	—		$	—		$	—		$	—		$	—
Variable account expenses		5,046,373			5,890,008			22,987			15,870			3,861,962
Investment income (loss) — net		(5,046,373	)		(5,890,008	)		(22,987	)		(15,870	)		(3,861,962	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		124,310,791			189,885,568			274,717			14,898			110,643,231
Cost of investments sold		108,334,332			156,581,394			270,213			14,598			105,728,700
Net realized gain (loss) on sales of investments		15,976,459			33,304,174			4,504			300			4,914,531
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		18,650,278			10,110,996			305,552			235,711			23,892,659
Net gain (loss) on investments		34,626,737			43,415,170			310,056			236,011			28,807,190
Net increase (decrease) in net assets resulting from operations	$	29,580,364		$	37,525,162		$	287,069		$	220,141		$	24,945,228

⁽¹⁾ For the period Sept 18. 2017 (commencement of operations) to Dec. 31, 2017.

Year ended Dec. 31, 2017 (continued)	VP Man Vol Conserv Gro, Cl 2			VP Man Vol Gro, Cl 2			VP Man Vol Mod Gro, Cl 2			VP Mod, Cl 2			VP Mod, Cl 4
Investment income
Dividend income	$	—		$	—		$	—		$	—		$	—
Variable account expenses		12,590,996			83,499,334			126,362,907			68,515,311			83,096,970
Investment income (loss) — net		(12,590,996	)		(83,499,334	)		(126,362,907	)		(68,515,311	)		(83,096,970	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		174,137,756			381,709,787			561,782,304			550,379,165			1,355,061,515
Cost of investments sold		161,765,269			338,910,896			483,519,816			403,457,139			858,198,849
Net realized gain (loss) on sales of investments		12,372,487			42,798,891			78,262,488			146,922,026			496,862,666
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		118,618,693			1,319,692,680			1,592,861,049			701,798,723			602,776,421
Net gain (loss) on investments		130,991,180			1,362,491,571			1,671,123,537			848,720,749			1,099,639,087
Net increase (decrease) in net assets resulting from operations	$	118,400,184		$	1,278,992,237		$	1,544,760,630		$	780,205,438		$	1,016,542,117

Year ended Dec. 31, 2017 (continued)	VP Mod Aggr, Cl 2			VP Mod Aggr, Cl 4			VP Mod Conserv, Cl 2			VP Mod Conserv, Cl 4			VP Ptnrs Sm Cap Val, Cl 3
Investment income
Dividend income	$	—		$	—		$	—		$	—		$	—
Variable account expenses		36,421,412			27,771,935			13,827,661			16,700,512			754,272
Investment income (loss) — net		(36,421,412	)		(27,771,935	)		(13,827,661	)		(16,700,512	)		(754,272	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		445,633,570			676,842,556			220,742,792			371,851,868			18,640,377
Cost of investments sold		310,229,755			400,464,120			176,704,493			265,002,818			9,655,331
Net realized gain (loss) on sales of investments		135,403,815			276,378,436			44,038,299			106,849,050			8,985,046
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		420,555,680			177,741,940			84,075,992			58,070,445			(3,337,237	)
Net gain (loss) on investments		555,959,495			454,120,376			128,114,291			164,919,495			5,647,809
Net increase (decrease) in net assets resulting from operations	$	519,538,083		$	426,348,441		$	114,286,630		$	148,218,983		$	4,893,537

See accompanying notes to financial statements.



20		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Operations


Year ended Dec. 31, 2017 (continued)	VP US Flex Conserv Gro, Cl 2			VP US Flex Gro, Cl 2			VP US Flex Mod Gro, Cl 2			Wanger Intl			Wanger USA
Investment income
Dividend income	$	—		$	—		$	—		$	2,565,559		$	—
Variable account expenses		462,999			6,419,799			4,207,969			1,913,130			2,390,355
Investment income (loss) — net		(462,999	)		(6,419,799	)		(4,207,969	)		652,429			(2,390,355	)

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales		5,164,737			9,629,524			8,553,145			36,954,854			50,370,286
Cost of investments sold		4,953,744			8,943,419			8,112,171			36,526,100			54,231,482
Net realized gain (loss) on sales of investments		210,993			686,105			440,974			428,754			(3,861,196	)
Distributions from capital gains		—			—			—			1,570,107			43,204,100
Net change in unrealized appreciation or depreciation of investments		4,731,503			104,259,251			56,977,768			55,937,162			9,138,192
Net gain (loss) on investments		4,942,496			104,945,356			57,418,742			57,936,023			48,481,096
Net increase (decrease) in net assets resulting from operations	$	4,479,497		$	98,525,557		$	53,210,773		$	58,588,452		$	46,090,741

Year ended Dec. 31, 2017 (continued)				WF VT Index Asset Alloc, Cl 2			WF VT Intl Eq, Cl 2			WF VT Sm Cap Gro, Cl 2			WA Var Global Hi Yd Bond, Cl II
Investment income
Dividend income				$	206,575		$	1,065,973		$	—		$	488,793
Variable account expenses					235,516			346,677			642,858			86,452
Investment income (loss) — net					(28,941	)		719,296			(642,858	)		402,341

Realized and unrealized gain (loss) on investments — net
Realized gain (loss) on sales of investments:
Proceeds from sales					4,978,567			6,782,043			14,607,841			1,631,004
Cost of investments sold					3,515,742			6,449,571			13,123,151			1,658,471
Net realized gain (loss) on sales of investments					1,462,825			332,472			1,484,690			(27,467	)
Distributions from capital gains					1,167,079			—			1,960,096			—
Net change in unrealized appreciation or depreciation of investments					378,042			6,786,554			11,732,621			174,362
Net gain (loss) on investments					3,007,946			7,119,026			15,177,407			146,895
Net increase (decrease) in net assets resulting from operations				$	2,979,005		$	7,838,322		$	14,534,549		$	549,236

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			21

Statements of Changes in Net Assets


Year ended Dec. 31, 2017	AB VPS Dyn Asset Alloc, Cl B			AB VPS Global Thematic Gro, Cl B			AB VPS Gro & Inc, Cl B			AB VPS Intl Val, Cl B			ALPS Alerian Engy Infr, Class III
Operations
Investment income (loss) — net	$	57,057		$	(49,303	)	$	319,688		$	1,376,602		$	397,149
Net realized gain (loss) on sales of investments		93,243			545,517			4,954,877			(994,126	)		(487,797	)
Distributions from capital gains		—			—			7,448,020			—			—
Net change in unrealized appreciation or depreciation of investments		822,777			1,709,525			1,280,967			28,431,540			(851,400	)
Net increase (decrease) in net assets resulting from operations		973,077			2,205,739			14,003,552			28,814,016			(942,048	)

Contract transactions
Contract purchase payments		1,263,367			107,628			651,275			1,756,982			4,056,938
Net transfers⁽¹⁾		(267,380	)		1,149,656			(2,481,145	)		(2,101,849	)		(326,524	)
Transfers for policy loans		1,118			246			2,990			64,871			3,780
Adjustments to net assets allocated to contracts in payment period		—			53,231			(24,421	)		(33,160	)		(8,485	)
Contract charges		(3,856	)		(7,389	)		(62,855	)		(159,078	)		(20,472	)
Contract terminations:
Surrender benefits		(671,110	)		(1,151,142	)		(11,630,706	)		(18,373,255	)		(4,794,712	)
Death benefits		(66,207	)		(78,009	)		(1,198,769	)		(1,389,001	)		(778,774	)
Increase (decrease) from contract transactions		255,932			74,221			(14,743,631	)		(20,234,490	)		(1,868,249	)
Net assets at beginning of year		7,611,976			6,365,465			88,721,379			127,862,656			49,294,984
Net assets at end of year	$	8,840,985		$	8,645,425		$	87,981,300		$	136,442,182		$	46,484,687

Accumulation unit activity
Units outstanding at beginning of year		6,932,622			4,682,402			43,393,779			90,605,539			48,708,590
Contract purchase payments		1,072,057			67,610			296,843			1,228,713			4,085,427
Net transfers⁽¹⁾		(243,082	)		688,766			(1,157,081	)		(1,058,910	)		(382,729	)
Transfers for policy loans		951			159			1,536			37,126			3,922
Contract charges		(3,270	)		(4,566	)		(28,792	)		(93,362	)		(20,556	)
Contract terminations:
Surrender benefits		(571,796	)		(701,448	)		(5,382,752	)		(11,564,502	)		(4,791,150	)
Death benefits		(57,061	)		(50,204	)		(565,322	)		(863,770	)		(777,191	)
Units outstanding at end of year		7,130,421			4,682,719			36,558,211			78,290,834			46,826,313

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



22		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	AC VP Intl, Cl I			AC VP Mid Cap Val, Cl II			AC VP Ultra, Cl II			AC VP Val, Cl I			BlackRock Global Alloc, Cl III
Operations
Investment income (loss) — net	$	4,159		$	331,701		$	(188,996	)	$	328,089		$	209,012
Net realized gain (loss) on sales of investments		281,200			3,271,206			2,316,650			2,766,290			(242,515	)
Distributions from capital gains		—			1,449,677			1,363,560			—			968,404
Net change in unrealized appreciation or depreciation of investments		2,223,080			1,963,972			3,883,943			(106,532	)		8,507,522
Net increase (decrease) in net assets resulting from operations		2,508,439			7,016,556			7,375,157			2,987,847			9,442,423

Contract transactions
Contract purchase payments		92,997			757,649			296,319			312,799			7,058,661
Net transfers⁽¹⁾		(6,887	)		5,582,179			336,218			(1,851,036	)		(1,192,604	)
Transfers for policy loans		1,981			7,715			11,423			9,333			14,839
Adjustments to net assets allocated to contracts in payment period		(3,834	)		(24,573	)		104,117			(35,112	)		11,865
Contract charges		(3,387	)		(50,806	)		(20,367	)		(11,590	)		(36,541	)
Contract terminations:
Surrender benefits		(1,012,312	)		(10,080,604	)		(4,228,129	)		(4,821,538	)		(7,284,760	)
Death benefits		(266,690	)		(505,923	)		(456,408	)		(713,709	)		(1,071,801	)
Increase (decrease) from contract transactions		(1,198,132	)		(4,314,363	)		(3,956,827	)		(7,110,853	)		(2,500,341	)
Net assets at beginning of year		8,770,202			69,235,236			25,605,688			43,279,027			77,156,935
Net assets at end of year	$	10,080,509		$	71,937,429		$	29,024,018		$	39,156,021		$	84,099,017

Accumulation unit activity
Units outstanding at beginning of year		6,355,603			30,814,905			13,236,397			13,292,401			64,910,290
Contract purchase payments		58,286			323,636			130,354			94,507			5,559,685
Net transfers⁽¹⁾		(7,691	)		2,402,087			151,038			(561,088	)		(1,027,854	)
Transfers for policy loans		1,723			3,498			5,110			2,704			11,812
Contract charges		(2,124	)		(21,872	)		(9,087	)		(3,533	)		(28,745	)
Contract terminations:
Surrender benefits		(622,387	)		(4,261,102	)		(1,875,286	)		(1,468,645	)		(5,718,005	)
Death benefits		(171,713	)		(225,890	)		(202,140	)		(221,742	)		(838,133	)
Units outstanding at end of year		5,611,697			29,035,262			11,436,386			11,134,604			62,869,050

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			23

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	Calvert VP SRI Bal, Cl I			Col VP Bal, Cl 3			Col VP Commodity Strategy, Cl 2			Col VP Contrarian Core, Cl 2			Col VP Disciplined Core, Cl 3
Operations
Investment income (loss) — net	$	236,269		$	(4,699,356	)	$	167,024		$	(922,281	)	$	(3,518,792	)
Net realized gain (loss) on sales of investments		438,899			14,499,482			(95,826	)		2,158,609			24,473,341
Distributions from capital gains		210,027			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		1,304,634			47,028,327			(13,033	)		15,402,606			52,622,378
Net increase (decrease) in net assets resulting from operations		2,189,829			56,828,453			58,165			16,638,934			73,576,927

Contract transactions
Contract purchase payments		238,951			32,161,770			673,492			8,133,659			3,285,100
Net transfers⁽¹⁾		(373,906	)		27,551,139			770,931			7,852,742			(11,147,610	)
Transfers for policy loans		21,196			101,673			123			(21,574	)		155,540
Adjustments to net assets allocated to contracts in payment period		(6,577	)		(193,132	)		—			(3,640	)		(602,698	)
Contract charges		(16,096	)		(250,406	)		(998	)		(46,510	)		(453,074	)
Contract terminations:
Surrender benefits		(2,187,263	)		(41,944,418	)		(339,163	)		(7,447,604	)		(35,253,336	)
Death benefits		(245,988	)		(7,976,244	)		(75,233	)		(761,210	)		(4,036,527	)
Increase (decrease) from contract transactions		(2,569,683	)		9,450,382			1,029,152			7,705,863			(48,052,605	)
Net assets at beginning of year		21,153,746			418,875,477			3,324,384			78,269,293			344,383,537
Net assets at end of year	$	20,773,892		$	485,154,312		$	4,411,701		$	102,614,090		$	369,907,859

Accumulation unit activity
Units outstanding at beginning of year		12,996,178			214,582,874			5,509,793			52,932,731			191,847,954
Contract purchase payments		139,942			16,661,276			1,158,985			5,001,106			1,691,539
Net transfers⁽¹⁾		(206,499	)		14,467,132			1,314,630			4,841,916			(6,156,231	)
Transfers for policy loans		12,640			42,766			213			(12,835	)		60,088
Contract charges		(9,469	)		(120,280	)		(1,713	)		(28,408	)		(243,911	)
Contract terminations:
Surrender benefits		(1,289,726	)		(20,246,477	)		(582,478	)		(4,535,368	)		(18,543,448	)
Death benefits		(146,965	)		(3,830,953	)		(131,189	)		(472,489	)		(2,048,968	)
Units outstanding at end of year		11,496,101			221,556,338			7,268,241			57,726,653			166,607,023

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



24		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	Col VP Div Abs Return, Cl 2			Col VP Divd Opp, Cl 3			Col VP Emerg Mkts Bond, Cl 2			Col VP Emer Mkts, Cl 3			Col VP Global Bond, Cl 3
Operations
Investment income (loss) — net	$	(40,173	)	$	(5,188,484	)	$	416,347		$	(1,298,709	)	$	(934,957	)
Net realized gain (loss) on sales of investments		(28,578	)		50,042,624			73,867			5,823,174			(4,843,784	)
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		131,250			24,858,884			645,829			50,020,261			10,625,216
Net increase (decrease) in net assets resulting from operations		62,499			69,713,024			1,136,043			54,544,726			4,846,475

Contract transactions
Contract purchase payments		254,139			5,570,061			996,567			2,165,416			799,271
Net transfers⁽¹⁾		(480,159	)		(23,262,400	)		4,429,232			2,503,431			(2,250,733	)
Transfers for policy loans		(2,082	)		164,459			6,047			96,534			40,115
Adjustments to net assets allocated to contracts in payment period		—			(354,667	)		(1,535	)		(67,855	)		59,969
Contract charges		(1,523	)		(447,549	)		(4,396	)		(153,322	)		(141,523	)
Contract terminations:
Surrender benefits		(403,874	)		(73,762,808	)		(1,115,353	)		(19,286,844	)		(14,047,216	)
Death benefits		(116,998	)		(7,501,942	)		(30,643	)		(1,621,580	)		(1,890,835	)
Increase (decrease) from contract transactions		(750,497	)		(99,594,846	)		4,279,919			(16,364,220	)		(17,430,952	)
Net assets at beginning of year		4,198,770			581,936,352			9,333,704			125,958,408			106,327,171
Net assets at end of year	$	3,510,772		$	552,054,530		$	14,749,666		$	164,138,914		$	93,742,694

Accumulation unit activity
Units outstanding at beginning of year		4,826,904			246,768,786			9,542,697			66,944,328			71,303,966
Contract purchase payments		290,384			2,369,281			959,785			971,117			535,840
Net transfers⁽¹⁾		(546,459	)		(9,312,370	)		4,253,486			1,241,866			(1,431,056	)
Transfers for policy loans		(2,345	)		64,723			5,893			43,034			25,437
Contract charges		(1,726	)		(187,232	)		(4,211	)		(63,374	)		(94,032	)
Contract terminations:
Surrender benefits		(457,845	)		(30,375,166	)		(1,073,471	)		(8,315,771	)		(9,228,466	)
Death benefits		(133,499	)		(3,007,917	)		(29,569	)		(682,177	)		(1,227,583	)
Units outstanding at end of year		3,975,414			206,320,105			13,654,610			60,139,023			59,884,106

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			25

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	Col VP Govt Money Mkt, Cl 3			Col VP Hi Yield Bond, Cl 3			Col VP Inc Opp, Cl 3			Col VP Inter Bond, Cl 3			Col VP Lg Cap Gro, Cl 3
Operations
Investment income (loss) — net	$	(871,333	)	$	11,990,173		$	8,905,157		$	6,767,421		$	(1,146,471	)
Net realized gain (loss) on sales of investments		4,703			1,603,056			(5,391,873	)		(367,642	)		10,842,651
Distributions from capital gains		—			—			—			3,279,729			—
Net change in unrealized appreciation or depreciation of investments		(4,702	)		1,034,508			5,899,729			1,257,317			21,763,094
Net increase (decrease) in net assets resulting from operations		(871,332	)		14,627,737			9,413,013			10,936,825			31,459,274

Contract transactions
Contract purchase payments		7,108,449			2,351,298			1,311,051			2,667,629			1,213,429
Net transfers⁽¹⁾		(881,316	)		(5,262,338	)		(2,684,597	)		(1,152,164	)		(3,419,928	)
Transfers for policy loans		277,262			36,103			2,926			32,608			(8,410	)
Adjustments to net assets allocated to contracts in payment period		(132,389	)		(189,129	)		72,133			(411,866	)		(67,228	)
Contract charges		(137,121	)		(168,805	)		(218,289	)		(486,014	)		(116,572	)
Contract terminations:
Surrender benefits		(35,888,924	)		(35,931,693	)		(26,774,375	)		(53,420,603	)		(16,405,704	)
Death benefits		(2,627,608	)		(5,176,746	)		(3,010,247	)		(7,419,895	)		(1,603,488	)
Increase (decrease) from contract transactions		(32,281,647	)		(44,341,310	)		(31,301,398	)		(60,190,305	)		(20,407,901	)
Net assets at beginning of year		153,262,290			283,325,730			182,316,243			413,782,962			124,428,712
Net assets at end of year	$	120,109,311		$	253,612,157		$	160,427,858		$	364,529,482		$	135,480,085

Accumulation unit activity
Units outstanding at beginning of year		139,734,275			118,309,026			91,441,355			237,641,746			97,951,148
Contract purchase payments		6,770,046			998,622			638,632			1,551,252			797,459
Net transfers⁽¹⁾		(1,215,145	)		(1,863,847	)		(1,300,691	)		(699,778	)		(2,415,773	)
Transfers for policy loans		250,891			13,355			1,366			15,674			(5,232	)
Contract charges		(125,116	)		(68,650	)		(105,406	)		(279,111	)		(79,030	)
Contract terminations:
Surrender benefits		(33,372,776	)		(14,667,191	)		(12,971,481	)		(30,321,532	)		(11,002,194	)
Death benefits		(2,481,845	)		(2,070,235	)		(1,468,877	)		(4,174,742	)		(1,064,686	)
Units outstanding at end of year		109,560,330			100,651,080			76,234,898			203,733,509			84,181,692

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



26		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	Col VP Lg Cap Index, Cl 3			Col VP Limited Duration Cr, Cl 2			Col VP Long Govt/Cr Bond, Cl 2			Col VP Mid Cap Gro, Cl 3			Col VP Mid Cap Val, Cl 3
Operations
Investment income (loss) — net	$	(2,749,966	)	$	312,463		$	324,723		$	(781,772	)	$	(626,922	)
Net realized gain (loss) on sales of investments		11,420,736			(203,235	)		87,461			5,606,579			6,919,183
Distributions from capital gains		—			—			58,753			—			—
Net change in unrealized appreciation or depreciation of investments		42,608,852			107,617			968,612			10,529,901			1,708,920
Net increase (decrease) in net assets resulting from operations		51,279,622			216,845			1,439,549			15,354,708			8,001,181

Contract transactions
Contract purchase payments		30,937,344			3,895,011			1,275,520			785,102			729,932
Net transfers⁽¹⁾		17,340,890			4,286,638			(1,458,616	)		(1,136,694	)		(3,835,390	)
Transfers for policy loans		33,981			(2,883	)		(1,339	)		40,620			2,343
Adjustments to net assets allocated to contracts in payment period		(321,386	)		(85,401	)		(9,469	)		37,546			(11,716	)
Contract charges		(147,887	)		(12,254	)		(5,657	)		(63,400	)		(52,161	)
Contract terminations:
Surrender benefits		(24,669,332	)		(4,480,465	)		(1,975,477	)		(8,719,244	)		(11,073,599	)
Death benefits		(2,756,429	)		(769,741	)		(218,435	)		(720,028	)		(730,413	)
Increase (decrease) from contract transactions		20,417,181			2,830,905			(2,393,473	)		(9,776,098	)		(14,971,004	)
Net assets at beginning of year		241,925,166			29,208,155			16,133,637			75,221,954			73,343,310
Net assets at end of year	$	313,621,969		$	32,255,905		$	15,179,713		$	80,800,564		$	66,373,487

Accumulation unit activity
Units outstanding at beginning of year		131,933,254			27,832,887			16,069,722			40,449,252			34,277,864
Contract purchase payments		15,355,985			3,635,306			1,230,952			388,729			332,710
Net transfers⁽¹⁾		8,719,358			4,146,184			(1,457,249	)		(563,817	)		(1,687,189	)
Transfers for policy loans		17,302			(2,550	)		(1,270	)		20,169			806
Contract charges		(73,507	)		(11,697	)		(5,392	)		(30,611	)		(23,426	)
Contract terminations:
Surrender benefits		(12,478,465	)		(4,268,671	)		(1,871,196	)		(4,149,197	)		(4,966,197	)
Death benefits		(1,388,037	)		(743,401	)		(209,915	)		(352,606	)		(323,340	)
Units outstanding at end of year		142,085,890			30,588,058			13,755,652			35,761,919			27,611,228

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			27

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	Col VP Overseas Core, Cl 3			Col VP Select Lg Cap Val, Cl 3			Col VP Select Sm Cap Val, Cl 3			Col VP US Govt Mtge, Cl 3			CS Commodity Return
Operations
Investment income (loss) — net	$	894,233		$	(322,465	)	$	(413,121	)	$	1,661,803		$	1,586,279
Net realized gain (loss) on sales of investments		2,911,451			2,946,480			4,410,303			61,096			(4,522,394	)
Distributions from capital gains		—			—			—			59,402			—
Net change in unrealized appreciation or depreciation of investments		17,549,192			3,974,983			943,685			301,910			2,964,478
Net increase (decrease) in net assets resulting from operations		21,354,876			6,598,998			4,940,867			2,084,211			28,363

Contract transactions
Contract purchase payments		1,248,686			295,920			463,483			822,374			415,831
Net transfers⁽¹⁾		(4,401,159	)		5,214,946			(2,051,045	)		(4,858,054	)		(143,170	)
Transfers for policy loans		66,681			3,231			29,368			65,178			7,126
Adjustments to net assets allocated to contracts in payment period		(102,714	)		36,546			47,736			(38,674	)		(6,322	)
Contract charges		(68,023	)		(21,086	)		(36,247	)		(67,695	)		(14,986	)
Contract terminations:
Surrender benefits		(11,038,469	)		(5,398,046	)		(6,258,215	)		(12,793,072	)		(3,149,451	)
Death benefits		(1,138,806	)		(545,265	)		(861,663	)		(1,793,967	)		(227,667	)
Increase (decrease) from contract transactions		(15,433,804	)		(413,754	)		(8,666,583	)		(18,663,910	)		(3,118,639	)
Net assets at beginning of year		88,734,131			33,622,192			49,320,894			98,321,980			21,831,257
Net assets at end of year	$	94,655,203		$	39,807,436		$	45,595,178		$	81,742,281		$	18,740,981

Accumulation unit activity
Units outstanding at beginning of year		70,244,408			15,367,188			17,392,843			73,667,335			41,884,644
Contract purchase payments		878,616			129,220			161,007			620,168			811,787
Net transfers⁽¹⁾		(3,280,536	)		2,283,120			(637,198	)		(3,846,554	)		(248,142	)
Transfers for policy loans		44,385			574			9,641			47,435			13,668
Contract charges		(48,488	)		(9,051	)		(12,261	)		(49,259	)		(29,552	)
Contract terminations:
Surrender benefits		(7,858,414	)		(2,298,522	)		(2,083,766	)		(9,517,400	)		(6,186,322	)
Death benefits		(817,942	)		(230,736	)		(276,470	)		(1,334,147	)		(450,912	)
Units outstanding at end of year		59,162,029			15,241,793			14,553,796			59,587,578			35,795,171

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



28		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	CTIVP AQR Man Fut Strategy, Cl 2			CTIVP BR Gl Infl Prot Sec, Cl 3			CTIVP Lazard Intl Eq Adv, Cl 2			CTIVP Loomis Sayles Gro, Cl 1			CTIVP MFS Blend Res Core Eq, Cl 3
Operations
Investment income (loss) — net	$	(137,980	)	$	1,326,036		$	11,692		$	(1,254,278	)	$	(292,507	)
Net realized gain (loss) on sales of investments		(1,672,545	)		(6,493,353	)		115,982			5,600,949			3,489,361
Distributions from capital gains		—			826,143			—			—			—
Net change in unrealized appreciation or depreciation of investments		1,320,748			5,851,617			1,745,690			33,490,002			2,478,405
Net increase (decrease) in net assets resulting from operations		(489,777	)		1,510,443			1,873,364			37,836,673			5,675,259

Contract transactions
Contract purchase payments		1,035,156			599,981			3,635,404			1,314,068			224,182
Net transfers⁽¹⁾		(2,403,982	)		3,930,284			5,789,639			(3,075,259	)		(1,841,063	)
Transfers for policy loans		1,956			25,994			839			(18,605	)		537
Adjustments to net assets allocated to contracts in payment period		116,080			23,498			46,555			(23,536	)		(12,798	)
Contract charges		(11,483	)		(232,442	)		(3,593	)		(136,509	)		(74,141	)
Contract terminations:
Surrender benefits		(2,274,548	)		(13,967,915	)		(543,015	)		(19,452,652	)		(4,317,371	)
Death benefits		(235,720	)		(1,854,765	)		(141,947	)		(1,545,149	)		(351,075	)
Increase (decrease) from contract transactions		(3,772,541	)		(11,475,365	)		8,783,882			(22,937,642	)		(6,371,729	)
Net assets at beginning of year		23,574,696			100,365,294			5,115,100			127,611,321			32,885,133
Net assets at end of year	$	19,312,378		$	90,400,372		$	15,772,346		$	142,510,352		$	32,188,663

Accumulation unit activity
Units outstanding at beginning of year		23,588,858			68,397,119			5,025,529			120,407,539			20,722,002
Contract purchase payments		1,073,676			410,693			3,117,197			1,075,599			130,600
Net transfers⁽¹⁾		(2,471,658	)		2,719,836			5,081,008			(2,441,998	)		(1,077,314	)
Transfers for policy loans		1,948			17,783			727			(11,596	)		646
Contract charges		(11,829	)		(157,799	)		(3,066	)		(110,750	)		(42,956	)
Contract terminations:
Surrender benefits		(2,348,000	)		(9,519,246	)		(469,462	)		(15,697,265	)		(2,501,526	)
Death benefits		(243,297	)		(1,268,988	)		(123,427	)		(1,243,078	)		(202,861	)
Units outstanding at end of year		19,589,698			60,599,398			12,628,506			101,978,451			17,028,591

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			29

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	CTIVP Vty Sycamore Estb Val, Cl 3			CTIVP WF Short Duration Govt, Cl 2			Deutsche Alt Asset Alloc VIP, Cl B			EV VT Floating-Rate Inc, Init Cl			Fid VIP Contrafund, Serv Cl 2
Operations
Investment income (loss) — net	$	(303,019	)	$	(54,576	)	$	217,099		$	3,840,809		$	(877,254	)
Net realized gain (loss) on sales of investments		1,881,649			(71,569	)		(156,838	)		19,085			15,649,063
Distributions from capital gains		—			987			—			—			24,511,246
Net change in unrealized appreciation or depreciation of investments		3,027,663			13,286			1,095,702			221,743			44,424,567
Net increase (decrease) in net assets resulting from operations		4,606,293			(111,872	)		1,155,963			4,081,637			83,707,622

Contract transactions
Contract purchase payments		468,865			3,553,136			620,893			1,734,719			21,728,206
Net transfers⁽¹⁾		6,683,278			431,963			(1,248,117	)		(1,277,406	)		(11,713,513	)
Transfers for policy loans		(1,543	)		555			8,059			67,569			20,167
Adjustments to net assets allocated to contracts in payment period		38,019			—			3,156			(28,406	)		(347,070	)
Contract charges		(24,672	)		(4,164	)		(9,594	)		(131,545	)		(253,906	)
Contract terminations:
Surrender benefits		(4,697,642	)		(3,476,525	)		(2,353,768	)		(26,446,013	)		(57,268,059	)
Death benefits		(369,159	)		(59,877	)		(215,142	)		(2,800,298	)		(5,089,126	)
Increase (decrease) from contract transactions		2,097,146			445,088			(3,194,513	)		(28,881,380	)		(52,923,301	)
Net assets at beginning of year		29,149,944			19,002,499			20,910,883			173,277,188			430,384,411
Net assets at end of year	$	35,853,383		$	19,335,715		$	18,872,333		$	148,477,445		$	461,168,732

Accumulation unit activity
Units outstanding at beginning of year		11,633,014			19,198,888			21,290,629			127,509,001			234,428,477
Contract purchase payments		181,227			3,605,452			618,221			1,268,893			10,649,885
Net transfers⁽¹⁾		2,598,346			454,042			(1,233,991	)		(862,140	)		(5,634,838	)
Transfers for policy loans		(927	)		559			7,994			48,199			11,178
Contract charges		(9,329	)		(4,206	)		(9,471	)		(95,605	)		(124,612	)
Contract terminations:
Surrender benefits		(1,758,494	)		(3,525,499	)		(2,316,866	)		(19,175,769	)		(28,051,344	)
Death benefits		(142,194	)		(61,689	)		(215,480	)		(2,057,336	)		(2,519,936	)
Units outstanding at end of year		12,501,643			19,667,547			18,141,036			106,635,243			208,758,810

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



30		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	Fid VIP Gro & Inc, Serv Cl			Fid VIP Mid Cap, Serv Cl			Fid VIP Overseas, Serv Cl			Fid VIP Strategic Inc, Serv Cl 2			Frank Global Real Est, Cl 2
Operations
Investment income (loss) — net	$	139,423		$	(209,169	)	$	61,156		$	2,491,492		$	2,345,717
Net realized gain (loss) on sales of investments		2,071,769			3,647,425			287,825			132,985			(3,177,672	)
Distributions from capital gains		1,104,973			4,157,016			12,011			592,283			—
Net change in unrealized appreciation or depreciation of investments		3,274,425			8,550,869			2,911,505			2,304,151			10,445,982
Net increase (decrease) in net assets resulting from operations		6,590,590			16,146,141			3,272,497			5,520,911			9,614,027

Contract transactions
Contract purchase payments		284,909			596,492			141,761			11,007,341			1,172,506
Net transfers⁽¹⁾		(1,369,170	)		(3,426,807	)		204,792			37,014,230			(5,141,944	)
Transfers for policy loans		14,679			43,006			9,123			6,841			47,986
Adjustments to net assets allocated to contracts in payment period		(22,961	)		(121,123	)		(9,417	)		395,252			(43,950	)
Contract charges		(17,477	)		(31,607	)		(4,973	)		(34,896	)		(79,844	)
Contract terminations:
Surrender benefits		(4,952,458	)		(9,827,841	)		(1,865,730	)		(9,340,600	)		(15,572,213	)
Death benefits		(436,392	)		(969,416	)		(203,007	)		(754,293	)		(1,234,733	)
Increase (decrease) from contract transactions		(6,498,870	)		(13,737,296	)		(1,727,451	)		38,293,875			(20,852,192	)
Net assets at beginning of year		45,378,630			88,918,755			12,112,102			73,345,692			111,334,359
Net assets at end of year	$	45,470,350		$	91,327,600		$	13,657,148		$	117,160,478		$	100,096,194

Accumulation unit activity
Units outstanding at beginning of year		22,510,266			14,793,633			8,853,797			70,065,760			54,384,273
Contract purchase payments		132,533			91,985			90,318			10,117,322			591,780
Net transfers⁽¹⁾		(642,273	)		(533,889	)		114,352			33,954,569			(2,341,898	)
Transfers for policy loans		6,678			6,088			5,542			6,295			19,570
Contract charges		(8,184	)		(4,903	)		(3,165	)		(32,053	)		(35,532	)
Contract terminations:
Surrender benefits		(2,321,653	)		(1,512,936	)		(1,188,840	)		(8,552,308	)		(7,494,489	)
Death benefits		(206,417	)		(153,791	)		(131,467	)		(694,955	)		(576,431	)
Units outstanding at end of year		19,470,950			12,686,187			7,740,537			104,864,630			44,547,273

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			31

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	Frank Inc, Cl 2			Frank Sm Cap Val, Cl 2			GS VIT Mid Cap Val, Inst			GS VIT Multi-Strategy Alt, Advisor			GS VIT Sm Cap Eq Insights, Inst
Operations
Investment income (loss) — net	$	1,753,771		$	(564,448	)	$	(245,420	)	$	54,107		$	(20,108	)
Net realized gain (loss) on sales of investments		(6,110	)		3,539,956			3,685,185			(18,574	)		174,470
Distributions from capital gains		—			9,744,601			8,124,976			—			727,323
Net change in unrealized appreciation or depreciation of investments		2,883,440			(204,017	)		3,348,262			153,484			(205,019	)
Net increase (decrease) in net assets resulting from operations		4,631,101			12,516,092			14,913,003			189,017			676,666

Contract transactions
Contract purchase payments		5,820,643			6,301,767			1,073,490			656,312			48,001
Net transfers⁽¹⁾		(499,843	)		(5,029,582	)		(7,302,431	)		276,817			(2,083	)
Transfers for policy loans		(1,196	)		8,130			11,634			—			4,124
Adjustments to net assets allocated to contracts in payment period		(19,717	)		(28,747	)		(210,925	)		4,672			(4,564	)
Contract charges		(25,655	)		(76,830	)		(153,217	)		(1,912	)		(2,409	)
Contract terminations:
Surrender benefits		(4,583,462	)		(17,771,062	)		(20,694,046	)		(337,863	)		(725,313	)
Death benefits		(744,143	)		(1,342,527	)		(1,966,848	)		(126,954	)		(27,838	)
Increase (decrease) from contract transactions		(53,373	)		(17,938,851	)		(29,242,343	)		471,072			(710,082	)
Net assets at beginning of year		54,093,592			143,883,993			164,127,450			4,563,342			6,763,782
Net assets at end of year	$	58,671,320		$	138,461,234		$	149,798,110		$	5,223,431		$	6,730,366

Accumulation unit activity
Units outstanding at beginning of year		46,982,695			42,894,745			37,324,519			5,049,414			2,053,955
Contract purchase payments		4,828,487			2,212,597			243,538			708,920			14,204
Net transfers⁽¹⁾		(374,880	)		(1,421,958	)		(1,599,479	)		295,620			(575	)
Transfers for policy loans		(918	)		2,797			2,331			—			1,183
Contract charges		(21,370	)		(21,689	)		(33,758	)		(2,056	)		(717	)
Contract terminations:
Surrender benefits		(3,798,946	)		(5,219,518	)		(4,504,322	)		(363,791	)		(215,403	)
Death benefits		(618,949	)		(399,551	)		(436,727	)		(138,909	)		(8,619	)
Units outstanding at end of year		46,996,119			38,047,423			30,996,102			5,549,198			1,844,028

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



32		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	GS VIT U.S. Eq Insights, Inst			Invesco VI Am Fran, Ser I			Invesco VI Bal Risk Alloc, Ser II			Invesco VI Comstock, Ser II			Invesco VI Hlth, Ser II
Operations
Investment income (loss) — net	$	570,343		$	(99,525	)	$	1,256,569		$	1,475,090		$	(397,043	)
Net realized gain (loss) on sales of investments		6,926,895			780,007			(189,466	)		10,020,754			(57,977	)
Distributions from capital gains		12,747,888			1,032,123			2,493,870			6,043,427			2,481,685
Net change in unrealized appreciation or depreciation of investments		4,924,276			1,342,430			237,135			4,455,826			4,566,688
Net increase (decrease) in net assets resulting from operations		25,169,402			3,055,035			3,798,108			21,995,097			6,593,353

Contract transactions
Contract purchase payments		764,718			101,498			4,469,073			1,067,240			661,666
Net transfers⁽¹⁾		(1,524,846	)		(190,254	)		260,689			(8,931,596	)		(2,210,871	)
Transfers for policy loans		60,993			9,074			16,726			44,262			3,416
Adjustments to net assets allocated to contracts in payment period		(49,247	)		(1,861	)		(22,447	)		(21,702	)		(13,562	)
Contract charges		(190,909	)		(6,871	)		(20,145	)		(288,217	)		(34,716	)
Contract terminations:
Surrender benefits		(15,703,698	)		(1,563,198	)		(3,742,039	)		(19,155,395	)		(7,439,858	)
Death benefits		(1,467,008	)		(191,001	)		(825,294	)		(1,758,865	)		(470,811	)
Increase (decrease) from contract transactions		(18,109,997	)		(1,842,613	)		136,563			(29,044,273	)		(9,504,736	)
Net assets at beginning of year		118,004,277			12,078,372			42,960,042			151,864,607			47,481,624
Net assets at end of year	$	125,063,682		$	13,290,794		$	46,894,713		$	144,815,431		$	44,570,241

Accumulation unit activity
Units outstanding at beginning of year		61,378,052			7,876,490			39,732,259			71,705,058			24,438,272
Contract purchase payments		353,001			56,888			4,043,956			489,597			307,464
Net transfers⁽¹⁾		(732,557	)		(108,328	)		304,025			(4,008,467	)		(1,029,813	)
Transfers for policy loans		27,932			4,958			15,740			19,814			1,533
Contract charges		(88,887	)		(3,853	)		(18,148	)		(127,724	)		(16,085	)
Contract terminations:
Surrender benefits		(7,384,561	)		(858,841	)		(3,367,361	)		(8,644,011	)		(3,448,523	)
Death benefits		(698,900	)		(106,099	)		(746,284	)		(785,382	)		(220,934	)
Units outstanding at end of year		52,854,080			6,861,215			39,964,187			58,648,885			20,031,914

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			33

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	Invesco VI Intl Gro, Ser II			Invesco VI Mid Cap Gro, Ser I			Ivy VIP Asset Strategy			Janus Henderson Enterprise, Serv			Janus Henderson Flex Bond, Serv
Operations
Investment income (loss) — net	$	263,649		$	(172,306	)	$	73,378		$	(101,755	)	$	754,599
Net realized gain (loss) on sales of investments		3,860,509			476,776			(1,708,572	)		699,783			(175,202	)
Distributions from capital gains		—			1,255,498			—			992,093			—
Net change in unrealized appreciation or depreciation of investments		11,394,812			2,387,517			4,338,265			1,862,667			618,775
Net increase (decrease) in net assets resulting from operations		15,518,970			3,947,485			2,703,071			3,452,788			1,198,172

Contract transactions
Contract purchase payments		861,705			200,117			305,341			160,102			3,554,921
Net transfers⁽¹⁾		(2,205,491	)		(625,114	)		(3,631,660	)		118,334			(1,799,347	)
Transfers for policy loans		28,738			15,493			6,196			3,896			1,290
Adjustments to net assets allocated to contracts in payment period		(109,492	)		(8,907	)		(9,440	)		(1,219	)		(5,943	)
Contract charges		(67,570	)		(11,405	)		(9,406	)		(7,361	)		(16,196	)
Contract terminations:
Surrender benefits		(11,985,740	)		(1,935,637	)		(1,675,615	)		(1,503,399	)		(5,748,051	)
Death benefits		(712,762	)		(313,783	)		(168,150	)		(140,633	)		(358,451	)
Increase (decrease) from contract transactions		(14,190,612	)		(2,679,236	)		(5,182,734	)		(1,370,280	)		(4,371,777	)
Net assets at beginning of year		77,046,097			19,357,426			18,609,622			13,756,700			53,508,439
Net assets at end of year	$	78,374,455		$	20,625,675		$	16,129,959		$	15,839,208		$	50,334,834

Accumulation unit activity
Units outstanding at beginning of year		49,469,278			13,515,150			18,668,573			10,123,656			52,385,399
Contract purchase payments		502,865			126,248			288,683			103,989			3,425,591
Net transfers⁽¹⁾		(1,259,570	)		(388,029	)		(3,442,841	)		84,990			(1,761,917	)
Transfers for policy loans		15,973			9,390			5,665			2,590			1,261
Contract charges		(39,468	)		(7,098	)		(8,877	)		(4,741	)		(15,579	)
Contract terminations:
Surrender benefits		(6,866,507	)		(1,208,521	)		(1,569,076	)		(974,407	)		(5,512,967	)
Death benefits		(402,778	)		(192,535	)		(157,390	)		(84,964	)		(347,332	)
Units outstanding at end of year		41,419,793			11,854,605			13,784,737			9,251,113			48,174,456

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



34		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	Janus Henderson Gbl Alloc Mod, Srv			Janus Henderson Global Tech, Serv			Janus Henderson Overseas, Serv			Janus Henderson Res, Serv			Lazard Ret Global Dyn MA, Serv
Operations
Investment income (loss) — net	$	(21,678	)	$	(189,131	)	$	185,762		$	(334,472	)	$	(159,658	)
Net realized gain (loss) on sales of investments		(505	)		1,596,595			(1,012,860	)		2,069,491			183,813
Distributions from capital gains		—			1,386,120			—			460,576			885,077
Net change in unrealized appreciation or depreciation of investments		918,305			5,186,017			7,387,154			8,787,414			1,786,391
Net increase (decrease) in net assets resulting from operations		896,122			7,979,601			6,560,056			10,983,009			2,695,623

Contract transactions
Contract purchase payments		876,178			251,943			294,097			1,640,687			752,399
Net transfers⁽¹⁾		(721,504	)		(243,370	)		(1,515,723	)		(2,681,529	)		127,092
Transfers for policy loans		—			6,721			22,295			7,244			402
Adjustments to net assets allocated to contracts in payment period		(4,352	)		5,496			12,023			(2,666	)		—
Contract charges		(3,742	)		(10,920	)		(14,580	)		(72,393	)		(6,941	)
Contract terminations:
Surrender benefits		(1,100,979	)		(2,558,542	)		(2,476,858	)		(6,210,384	)		(1,248,726	)
Death benefits		(94,182	)		(92,060	)		(170,388	)		(571,743	)		(271,738	)
Increase (decrease) from contract transactions		(1,048,581	)		(2,640,732	)		(3,849,134	)		(7,890,784	)		(647,512	)
Net assets at beginning of year		6,950,769			18,891,160			23,411,632			44,874,466			14,856,790
Net assets at end of year	$	6,798,310		$	24,230,029		$	26,122,554		$	47,966,691		$	16,904,901

Accumulation unit activity
Units outstanding at beginning of year		5,836,620			18,360,362			20,913,465			28,456,447			12,934,344
Contract purchase payments		669,778			194,027			225,173			910,043			589,581
Net transfers⁽¹⁾		(598,631	)		(119,478	)		(1,155,285	)		(1,497,217	)		23,176
Transfers for policy loans		—			5,021			16,984			4,265			322
Contract charges		(2,916	)		(8,171	)		(11,027	)		(40,310	)		(5,502	)
Contract terminations:
Surrender benefits		(858,366	)		(1,991,672	)		(1,880,289	)		(3,442,985	)		(990,938	)
Death benefits		(73,649	)		(78,507	)		(134,972	)		(316,546	)		(214,037	)
Units outstanding at end of year		4,972,836			16,361,582			17,974,049			24,073,697			12,336,946

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			35

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	MFS Mass Inv Gro Stock, Serv Cl			MFS New Dis, Serv Cl			MFS Utilities, Serv Cl			MS VIF Global Real Est, Cl II			MS VIF Mid Cap Gro, Cl II
Operations
Investment income (loss) — net	$	(299,304	)	$	(276,952	)	$	5,869,141		$	624,513		$	(279,999	)
Net realized gain (loss) on sales of investments		(131,010	)		587,084			2,500,199			1,783,845			(473,886	)
Distributions from capital gains		3,230,724			657,206			—			—			—
Net change in unrealized appreciation or depreciation of investments		12,127,599			6,381,065			15,226,111			1,052,451			9,579,315
Net increase (decrease) in net assets resulting from operations		14,928,009			7,348,403			23,595,451			3,460,809			8,825,430

Contract transactions
Contract purchase payments		576,582			309,466			5,720,008			467,621			1,718,306
Net transfers⁽¹⁾		(3,929,243	)		(1,266,392	)		(6,364,986	)		(3,233,092	)		(798,695	)
Transfers for policy loans		16,055			17,567			36,809			6,710			4,813
Adjustments to net assets allocated to contracts in payment period		(22,481	)		(13,633	)		(54,250	)		(5,264	)		(6,440	)
Contract charges		(39,127	)		(23,381	)		(112,364	)		(34,399	)		(16,483	)
Contract terminations:
Surrender benefits		(8,206,971	)		(3,849,302	)		(22,046,503	)		(6,180,684	)		(3,664,898	)
Death benefits		(634,982	)		(283,764	)		(2,715,923	)		(555,433	)		(348,341	)
Increase (decrease) from contract transactions		(12,240,167	)		(5,109,439	)		(25,537,209	)		(9,534,541	)		(3,111,738	)
Net assets at beginning of year		60,486,288			31,851,415			182,085,209			45,177,955			24,688,850
Net assets at end of year	$	63,174,130		$	34,090,379		$	180,143,451		$	39,104,223		$	30,402,542

Accumulation unit activity
Units outstanding at beginning of year		58,861,135			16,734,376			70,057,085			32,430,512			16,089,653
Contract purchase payments		499,783			145,136			2,091,522			324,652			916,786
Net transfers⁽¹⁾		(3,343,715	)		(609,957	)		(2,230,453	)		(2,244,619	)		(406,382	)
Transfers for policy loans		13,777			7,912			12,467			4,674			2,765
Contract charges		(33,448	)		(11,026	)		(38,826	)		(23,795	)		(8,797	)
Contract terminations:
Surrender benefits		(7,039,561	)		(1,820,862	)		(7,722,093	)		(4,281,624	)		(1,933,712	)
Death benefits		(545,398	)		(135,540	)		(973,337	)		(389,937	)		(185,245	)
Units outstanding at end of year		48,412,573			14,310,039			61,196,365			25,819,863			14,475,068

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



36		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	NB AMT Intl Eq, Cl S			NB AMT US Eq Index PW Strat, Cl S			Oppen Global VA, Serv			Oppen Global Strategic Inc VA, Srv			Oppen Main St Sm Cap VA, Serv
Operations
Investment income (loss) — net	$	(40,649	)	$	(31,986	)	$	(268,790	)	$	3,472,201		$	(317,290	)
Net realized gain (loss) on sales of investments		487,059			(22,635	)		3,046,475			(1,150,840	)		2,282,854
Distributions from capital gains		—			—			—			—			5,245,333
Net change in unrealized appreciation or depreciation of investments		2,876,115			214,361			31,145,014			14,093,605			4,530,014
Net increase (decrease) in net assets resulting from operations		3,322,525			159,740			33,922,699			16,414,966			11,740,911

Contract transactions
Contract purchase payments		139,627			571,683			6,156,802			5,448,462			5,280,246
Net transfers⁽¹⁾		281,965			(49,222	)		6,005,406			(8,593,345	)		5,398,186
Transfers for policy loans		1,831			(354	)		5,426			50,126			12,434
Adjustments to net assets allocated to contracts in payment period		(137	)		—			(38,446	)		(253,614	)		(10,658	)
Contract charges		(20,831	)		(1,174	)		(58,347	)		(340,880	)		(49,596	)
Contract terminations:
Surrender benefits		(2,105,872	)		(258,923	)		(11,904,197	)		(45,928,594	)		(11,363,655	)
Death benefits		(132,997	)		(212,732	)		(1,243,454	)		(5,021,144	)		(823,961	)
Increase (decrease) from contract transactions		(1,836,414	)		49,278			(1,076,810	)		(54,638,989	)		(1,557,004	)
Net assets at beginning of year		13,664,318			3,072,011			97,848,786			344,745,175			91,572,198
Net assets at end of year	$	15,150,429		$	3,281,029		$	130,694,675		$	306,521,152		$	101,756,105

Accumulation unit activity
Units outstanding at beginning of year		12,746,989			3,375,935			51,396,613			217,796,118			38,137,221
Contract purchase payments		114,635			608,302			2,799,810			3,507,703			2,132,742
Net transfers⁽¹⁾		235,961			(55,909	)		2,750,679			(5,209,741	)		2,322,600
Transfers for policy loans		1,703			(390	)		2,588			31,052			5,627
Contract charges		(16,912	)		(1,253	)		(25,701	)		(208,519	)		(19,039	)
Contract terminations:
Surrender benefits		(1,716,984	)		(276,738	)		(5,279,415	)		(28,170,358	)		(4,414,019	)
Death benefits		(111,269	)		(232,847	)		(571,472	)		(3,092,912	)		(327,830	)
Units outstanding at end of year		11,254,123			3,417,100			51,073,102			184,653,343			37,837,302

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			37

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	PIMCO VIT All Asset, Advisor Cl			PIMCO VIT Glb MA Man Alloc, Adv Cl			PIMCO VIT Tot Return, Advisor Cl			Put VT Sus Leaders, Cl IB			Royce Micro-Cap, Invest Cl
Operations
Investment income (loss) — net	$	3,249,366		$	47,506		$	207,118		$	(60,702	)	$	(32,817	)
Net realized gain (loss) on sales of investments		(390,226	)		17,372			(57,882	)		1,729,970			504,143
Distributions from capital gains		—			—			—			1,986,222			1,569,056
Net change in unrealized appreciation or depreciation of investments		8,042,860			472,156			628,042			3,197,499			(1,405,678	)
Net increase (decrease) in net assets resulting from operations		10,902,000			537,034			777,278			6,852,989			634,704

Contract transactions
Contract purchase payments		1,899,138			237,182			4,774,962			259,718			143,205
Net transfers⁽¹⁾		(1,042,204	)		343,099			7,542,799			96,993			(1,045,212	)
Transfers for policy loans		41,370			706			6,715			5,825			4,366
Adjustments to net assets allocated to contracts in payment period		(12,902	)		—			—			(3,791	)		(10,161	)
Contract charges		(96,718	)		(1,382	)		(7,864	)		(19,701	)		(5,995	)
Contract terminations:
Surrender benefits		(12,730,683	)		(282,466	)		(1,767,449	)		(3,207,753	)		(1,616,103	)
Death benefits		(1,268,664	)		(130,416	)		(454,160	)		(375,898	)		(161,218	)
Increase (decrease) from contract transactions		(13,210,663	)		166,723			10,095,003			(3,244,607	)		(2,691,118	)
Net assets at beginning of year		93,645,869			4,210,052			18,972,590			25,511,894			17,076,677
Net assets at end of year	$	91,337,206		$	4,913,809		$	29,844,871		$	29,120,276		$	15,020,263

Accumulation unit activity
Units outstanding at beginning of year		64,890,452			4,275,837			18,985,674			12,838,326			3,919,831
Contract purchase payments		1,270,656			227,517			4,674,800			113,742			32,804
Net transfers⁽¹⁾		(658,204	)		310,929			7,307,156			57,793			(241,420	)
Transfers for policy loans		26,971			662			6,473			2,690			862
Contract charges		(62,778	)		(1,319	)		(7,643	)		(8,642	)		(1,385	)
Contract terminations:
Surrender benefits		(8,266,824	)		(265,985	)		(1,710,498	)		(1,406,277	)		(373,737	)
Death benefits		(840,319	)		(126,171	)		(447,465	)		(161,612	)		(38,111	)
Units outstanding at end of year		56,359,954			4,421,470			28,808,497			11,436,020			3,298,844

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



38		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	Temp Global Bond, Cl 2			Third Ave Val			VanEck VIP Global Gold, Cl S			VP Aggr, Cl 2			VP Aggr, Cl 4
Operations
Investment income (loss) — net	$	(336,722	)	$	(1,546	)	$	436,393		$	(11,089,187	)	$	(7,759,709	)
Net realized gain (loss) on sales of investments		(293,343	)		185,600			(81,894	)		49,569,506			94,689,443
Distributions from capital gains		109,998			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		752,854			1,880,831			887,875			147,857,778			52,105,401
Net increase (decrease) in net assets resulting from operations		232,787			2,064,885			1,242,374			186,338,097			139,035,135

Contract transactions
Contract purchase payments		3,398,405			138,110			1,065,198			29,684,293			8,350,689
Net transfers⁽¹⁾		3,897,805			(638,926	)		1,710,671			(31,272,640	)		(42,894,367	)
Transfers for policy loans		6,966			16,456			(494	)		(94,063	)		(131,066	)
Adjustments to net assets allocated to contracts in payment period		—			(28,858	)		(57,319	)		308,105			—
Contract charges		(10,820	)		(7,220	)		(6,450	)		(8,611,804	)		(4,687,286	)
Contract terminations:
Surrender benefits		(3,244,533	)		(1,621,110	)		(2,108,062	)		(65,903,697	)		(157,283,624	)
Death benefits		(256,302	)		(292,972	)		(277,059	)		(7,441,571	)		(2,274,596	)
Increase (decrease) from contract transactions		3,791,521			(2,434,520	)		326,485			(83,331,377	)		(198,920,250	)
Net assets at beginning of year		32,181,282			17,443,198			11,189,554			1,085,154,258			870,142,362
Net assets at end of year	$	36,205,590		$	17,073,563		$	12,758,413		$	1,188,160,978		$	810,257,247

Accumulation unit activity
Units outstanding at beginning of year		33,736,249			5,018,802			14,213,988			694,292,680			554,043,324
Contract purchase payments		3,487,051			37,594			1,255,174			17,427,481			4,900,508
Net transfers⁽¹⁾		3,982,621			(175,014	)		1,988,221			(18,043,047	)		(24,634,369	)
Transfers for policy loans		7,088			4,372			(432	)		(56,101	)		(75,091	)
Contract charges		(11,082	)		(1,975	)		(7,423	)		(5,065,778	)		(2,752,653	)
Contract terminations:
Surrender benefits		(3,314,947	)		(440,049	)		(2,391,247	)		(38,687,360	)		(91,987,310	)
Death benefits		(264,345	)		(82,389	)		(316,288	)		(4,486,003	)		(1,338,942	)
Units outstanding at end of year		37,622,635			4,361,341			14,741,993			645,381,872			438,155,467

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			39

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	VP Conserv, Cl 2			VP Conserv, Cl 4			VP Man Risk, Cl 2⁽²⁾			VP Man Risk US, Cl 2⁽²⁾			VP Man Vol Conserv, Cl 2
Operations
Investment income (loss) — net	$	(5,046,373	)	$	(5,890,008	)	$	(22,987	)	$	(15,870	)	$	(3,861,962	)
Net realized gain (loss) on sales of investments		15,976,459			33,304,174			4,504			300			4,914,531
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		18,650,278			10,110,996			305,552			235,711			23,892,659
Net increase (decrease) in net assets resulting from operations		29,580,364			37,525,162			287,069			220,141			24,945,228

Contract transactions
Contract purchase payments		9,606,350			1,627,198			11,700,135			8,363,942			29,345,282
Net transfers⁽¹⁾		(15,877,980	)		(38,430,555	)		5,110,141			2,089,810			5,397,166
Transfers for policy loans		10,692			31,402			—			384			(9,329	)
Adjustments to net assets allocated to contracts in payment period		(45,347	)		—			—			—			—
Contract charges		(3,040,792	)		(3,607,893	)		(6,284	)		(829	)		(4,587,905	)
Contract terminations:
Surrender benefits		(50,530,666	)		(94,259,434	)		(10,969	)		(7,094	)		(30,207,277	)
Death benefits		(10,647,190	)		(12,865,362	)		—			—			(3,050,051	)
Increase (decrease) from contract transactions		(70,524,933	)		(147,504,644	)		16,793,023			10,446,213			(3,112,114	)
Net assets at beginning of year		507,921,753			675,845,689			—			—			390,968,102
Net assets at end of year	$	466,977,184		$	565,866,207		$	17,080,092		$	10,666,354		$	412,801,216

Accumulation unit activity
Units outstanding at beginning of year		420,989,427			557,147,153			—			—			375,993,545
Contract purchase payments		7,956,912			1,301,470			11,490,547			8,195,274			27,210,731
Net transfers⁽¹⁾		(13,321,493	)		(31,221,916	)		5,028,580			2,039,164			3,535,039
Transfers for policy loans		9,319			25,296			—			376			(8,217	)
Contract charges		(2,425,107	)		(2,875,585	)		(6,149	)		(813	)		(4,246,500	)
Contract terminations:
Surrender benefits		(40,536,846	)		(75,142,528	)		(10,479	)		(6,686	)		(28,085,880	)
Death benefits		(8,556,973	)		(10,267,626	)		—			—			(2,829,684	)
Units outstanding at end of year		364,115,239			438,966,264			16,502,499			10,227,315			371,569,034

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

⁽²⁾	For the period Sept. 18, 2017 (commencement of operations) to Dec. 31, 2017.

See accompanying notes to financial statements.



40		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	VP Man Vol Conserv Gro, Cl 2			VP Man Vol Gro, Cl 2			VP Man Vol Mod Gro, Cl 2			VP Mod, Cl 2			VP Mod, Cl 4
Operations
Investment income (loss) — net	$	(12,590,996	)	$	(83,499,334	)	$	(126,362,907	)	$	(68,515,311	)	$	(83,096,970	)
Net realized gain (loss) on sales of investments		12,372,487			42,798,891			78,262,488			146,922,026			496,862,666
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		118,618,693			1,319,692,680			1,592,861,049			701,798,723			602,776,421
Net increase (decrease) in net assets resulting from operations		118,400,184			1,278,992,237			1,544,760,630			780,205,438			1,016,542,117

Contract transactions
Contract purchase payments		90,985,477			830,487,436			915,378,882			133,936,868			20,553,302
Net transfers⁽¹⁾		(87,388,060	)		149,776,511			(181,230,762	)		180,947,200			25,891,465
Transfers for policy loans		14,029			33,044			31,848			189,783			42,921
Adjustments to net assets allocated to contracts in payment period		3,406			1,238,270			(1,016,257	)		(142,798	)		—
Contract charges		(14,364,487	)		(97,149,237	)		(152,825,670	)		(57,786,055	)		(57,168,005	)
Contract terminations:
Surrender benefits		(41,501,689	)		(363,803,063	)		(421,883,314	)		(473,305,393	)		(1,142,519,220	)
Death benefits		(8,657,550	)		(31,318,667	)		(52,924,346	)		(72,369,640	)		(102,122,534	)
Increase (decrease) from contract transactions		(60,908,874	)		489,264,294			105,530,381			(288,530,035	)		(1,255,322,071	)
Net assets at beginning of year		1,225,828,291			7,649,391,676			11,730,362,549			6,581,507,479			8,937,621,281
Net assets at end of year	$	1,283,319,601		$	9,417,648,207		$	13,380,653,560		$	7,073,182,882		$	8,698,841,327

Accumulation unit activity
Units outstanding at beginning of year		1,147,612,985			6,861,703,304			10,167,228,179			4,720,820,113			6,377,729,736
Contract purchase payments		80,372,730			673,658,094			733,878,450			90,280,395			13,855,296
Net transfers⁽¹⁾		(79,560,564	)		120,393,622			(149,822,012	)		121,007,419			17,401,469
Transfers for policy loans		12,718			26,405			25,721			125,653			33,345
Contract charges		(12,743,575	)		(80,038,415	)		(123,579,843	)		(38,910,347	)		(38,382,344	)
Contract terminations:
Surrender benefits		(37,277,989	)		(308,560,879	)		(351,165,469	)		(318,303,109	)		(766,287,483	)
Death benefits		(7,747,818	)		(26,117,461	)		(43,071,417	)		(49,163,185	)		(68,852,681	)
Units outstanding at end of year		1,090,668,487			7,241,064,670			10,233,493,609			4,525,856,939			5,535,497,338

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			41

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	VP Mod Aggr, Cl 2			VP Mod Aggr, Cl 4			VP Mod Conserv, Cl 2			VP Mod Conserv, Cl 4			VP Ptnrs Sm Cap Val, Cl 3
Operations
Investment income (loss) — net	$	(36,421,412	)	$	(27,771,935	)	$	(13,827,661	)	$	(16,700,512	)	$	(754,272	)
Net realized gain (loss) on sales of investments		135,403,815			276,378,436			44,038,299			106,849,050			8,985,046
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		420,555,680			177,741,940			84,075,992			58,070,445			(3,337,237	)
Net increase (decrease) in net assets resulting from operations		519,538,083			426,348,441			114,286,630			148,218,983			4,893,537

Contract transactions
Contract purchase payments		100,417,983			20,783,369			33,457,145			3,617,324			677,494
Net transfers⁽¹⁾		(147,879,158	)		(96,694,106	)		(23,630,453	)		(59,870,846	)		(3,981,061	)
Transfers for policy loans		60,977			321,642			(65,368	)		78,186			10,635
Adjustments to net assets allocated to contracts in payment period		(272,504	)		—			216,341			—			(45,965	)
Contract charges		(29,119,676	)		(15,650,699	)		(8,525,214	)		(9,801,474	)		(171,309	)
Contract terminations:
Surrender benefits		(215,410,616	)		(519,341,807	)		(107,681,773	)		(229,165,290	)		(11,755,092	)
Death benefits		(20,376,846	)		(14,450,428	)		(26,210,935	)		(37,276,945	)		(1,200,014	)
Increase (decrease) from contract transactions		(312,579,840	)		(625,032,029	)		(132,440,257	)		(332,419,045	)		(16,465,312	)
Net assets at beginning of year		3,592,456,308			3,098,934,815			1,362,169,282			1,841,116,783			95,186,872
Net assets at end of year	$	3,799,414,551		$	2,900,251,227		$	1,344,015,655		$	1,656,916,721		$	83,615,097

Accumulation unit activity
Units outstanding at beginning of year		2,427,281,503			2,083,793,563			1,050,146,080			1,410,423,668			32,428,336
Contract purchase payments		63,324,769			13,067,627			24,773,118			2,657,596			233,012
Net transfers⁽¹⁾		(92,342,014	)		(59,587,007	)		(18,345,938	)		(44,821,660	)		(1,344,424	)
Transfers for policy loans		40,492			195,271			(47,443	)		55,605			2,710
Contract charges		(18,292,346	)		(9,813,463	)		(6,265,248	)		(7,175,379	)		(59,611	)
Contract terminations:
Surrender benefits		(134,963,664	)		(324,167,954	)		(79,238,515	)		(167,603,585	)		(4,019,925	)
Death benefits		(12,878,910	)		(9,056,195	)		(19,452,557	)		(27,467,359	)		(418,958	)
Units outstanding at end of year		2,232,169,830			1,694,431,842			951,569,497			1,166,068,886			26,821,140

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



42		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	VP US Flex Conserv Gro, Cl 2			VP US Flex Gro, Cl 2			VP US Flex Mod Gro, Cl 2			Wanger Intl			Wanger USA
Operations
Investment income (loss) — net	$	(462,999	)	$	(6,419,799	)	$	(4,207,969	)	$	652,429		$	(2,390,355	)
Net realized gain (loss) on sales of investments		210,993			686,105			440,974			428,754			(3,861,196	)
Distributions from capital gains		—			—			—			1,570,107			43,204,100
Net change in unrealized appreciation or depreciation of investments		4,731,503			104,259,251			56,977,768			55,937,162			9,138,192
Net increase (decrease) in net assets resulting from operations		4,479,497			98,525,557			53,210,773			58,588,452			46,090,741

Contract transactions
Contract purchase payments		39,509,876			357,924,490			344,388,593			2,308,777			2,519,013
Net transfers⁽¹⁾		26,078,544			350,812,208			203,128,357			(424,459	)		(9,553,807	)
Transfers for policy loans		—			—			(5,729	)		34,526			33,359
Adjustments to net assets allocated to contracts in payment period		47,681			—			—			(12,421	)		111,981
Contract charges		(340,440	)		(5,802,686	)		(2,970,070	)		(205,985	)		(227,222	)
Contract terminations:
Surrender benefits		(508,020	)		(9,960,823	)		(5,420,735	)		(29,638,419	)		(36,342,053	)
Death benefits		(174,574	)		(1,365,338	)		(592,637	)		(2,097,518	)		(2,750,748	)
Increase (decrease) from contract transactions		64,613,067			691,607,851			538,527,779			(30,035,499	)		(46,209,477	)
Net assets at beginning of year		7,994,128			158,048,008			84,177,756			195,757,797			269,942,381
Net assets at end of year	$	77,086,692		$	948,181,416		$	675,916,308		$	224,310,750		$	269,823,645

Accumulation unit activity
Units outstanding at beginning of year		7,951,208			152,951,962			82,581,064			78,620,062			87,712,344
Contract purchase payments		37,314,339			320,581,913			316,255,583			875,122			804,804
Net transfers⁽¹⁾		24,975,197			324,017,414			190,877,793			127,498			(2,724,170	)
Transfers for policy loans		—			—			(5,364	)		12,869			8,262
Contract charges		(317,186	)		(5,109,192	)		(2,684,744	)		(69,855	)		(67,617	)
Contract terminations:
Surrender benefits		(476,035	)		(8,732,375	)		(4,906,280	)		(10,307,265	)		(11,012,704	)
Death benefits		(161,156	)		(1,206,428	)		(542,809	)		(694,567	)		(821,305	)
Units outstanding at end of year		69,286,367			782,503,294			581,575,243			68,563,864			73,899,614

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			43

Statements of Changes in Net Assets


Year ended Dec. 31, 2017 (continued)	WF VT Index Asset Alloc, Cl 2			WF VT Intl Eq, Cl 2			WF VT Sm Cap Gro, Cl 2			WA Var Global Hi Yd Bond, Cl II
Operations
Investment income (loss) — net	$	(28,941	)	$	719,296		$	(642,858	)	$	402,341
Net realized gain (loss) on sales of investments		1,462,825			332,472			1,484,690			(27,467	)
Distributions from capital gains		1,167,079			—			1,960,096			—
Net change in unrealized appreciation or depreciation of investments		378,042			6,786,554			11,732,621			174,362
Net increase (decrease) in net assets resulting from operations		2,979,005			7,838,322			14,534,549			549,236

Contract transactions
Contract purchase payments		203,158			383,608			3,359,610			1,257,088
Net transfers⁽¹⁾		(457,828	)		2,972,345			(935,481	)		2,845,145
Transfers for policy loans		428			(14,368	)		2,718			389
Adjustments to net assets allocated to contracts in payment period		(41,924	)		(8,947	)		41,188			(1,000	)
Contract charges		(20,784	)		(46,590	)		(32,647	)		(3,240	)
Contract terminations:
Surrender benefits		(2,814,632	)		(4,914,788	)		(8,123,116	)		(613,308	)
Death benefits		(415,250	)		(224,791	)		(552,250	)		(124,850	)
Increase (decrease) from contract transactions		(3,546,832	)		(1,853,531	)		(6,239,978	)		3,360,224
Net assets at beginning of year		27,911,161			34,690,366			61,652,222			6,314,881
Net assets at end of year	$	27,343,334		$	40,675,157		$	69,946,793		$	10,224,341

Accumulation unit activity
Units outstanding at beginning of year		12,592,825			24,730,172			28,340,785			6,019,417
Contract purchase payments		87,635			251,571			1,366,095			1,144,041
Net transfers⁽¹⁾		(189,475	)		1,929,209			(355,497	)		2,587,542
Transfers for policy loans		42			(9,448	)		1,016			351
Contract charges		(9,101	)		(31,944	)		(13,172	)		(2,944	)
Contract terminations:
Surrender benefits		(1,231,107	)		(3,124,221	)		(3,287,854	)		(554,882	)
Death benefits		(184,186	)		(144,517	)		(227,769	)		(114,197	)
Units outstanding at end of year		11,066,633			23,600,822			25,823,604			9,079,328

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



44		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016	AB VPS Dyn Asset Alloc, Cl B			AB VPS Global Thematic Gro, Cl B			AB VPS Gro & Inc, Cl B			AB VPS Intl Val, Cl B			ALPS Alerian Engy Infr, Class III
Operations
Investment income (loss) — net	$	(36,627	)	$	(63,630	)	$	(50,966	)	$	214,605		$	517,861
Net realized gain (loss) on sales of investments		(22,232	)		335,523			5,223,728			(5,651,418	)		(2,735,824	)
Distributions from capital gains		1,777			—			5,472,520			—			—
Net change in unrealized appreciation or depreciation of investments		247,996			(468,489	)		(2,204,042	)		2,425,223			16,162,907
Net increase (decrease) in net assets resulting from operations		190,914			(196,596	)		8,441,240			(3,011,590	)		13,944,944

Contract transactions
Contract purchase payments		777,744			101,084			804,918			1,932,446			2,756,517
Net transfers⁽¹⁾		(333,308	)		(842,654	)		(3,688,875	)		(5,967,325	)		2,940,381
Transfers for policy loans		1,088			189			26,006			111,177			2,300
Adjustments to net assets allocated to contracts in payment period		—			—			43,187			(29,711	)		(9,018	)
Contract charges		(4,150	)		(7,488	)		(67,950	)		(171,319	)		(19,431	)
Contract terminations:
Surrender benefits		(562,832	)		(846,488	)		(12,412,839	)		(18,185,810	)		(3,727,735	)
Death benefits		(130,341	)		(47,516	)		(1,220,588	)		(1,167,606	)		(800,080	)
Increase (decrease) from contract transactions		(251,799	)		(1,642,873	)		(16,516,141	)		(23,478,148	)		1,142,934
Net assets at beginning of year		7,672,861			8,204,934			96,796,280			154,352,394			34,207,106
Net assets at end of year	$	7,611,976		$	6,365,465		$	88,721,379		$	127,862,656		$	49,294,984

Accumulation unit activity
Units outstanding at beginning of year		7,148,770			5,932,595			52,090,437			106,604,969			47,077,980
Contract purchase payments		723,788			75,479			429,512			1,554,054			3,244,307
Net transfers⁽¹⁾		(297,894	)		(653,880	)		(1,920,462	)		(4,387,063	)		3,640,057
Transfers for policy loans		1,008			207			13,384			76,123			2,186
Contract charges		(3,835	)		(5,598	)		(36,027	)		(116,563	)		(22,708	)
Contract terminations:
Surrender benefits		(515,646	)		(631,954	)		(6,527,925	)		(12,339,827	)		(4,293,252	)
Death benefits		(123,569	)		(34,447	)		(655,140	)		(786,154	)		(939,980	)
Units outstanding at end of year		6,932,622			4,682,402			43,393,779			90,605,539			48,708,590

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			45

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	AC VP Intl, Cl I			AC VP Mid Cap Val, Cl II			AC VP Ultra, Cl II			AC VP Val, Cl I			BlackRock Global Alloc, Cl III
Operations
Investment income (loss) — net	$	26,179		$	370,557		$	(190,133	)	$	365,765		$	140,542
Net realized gain (loss) on sales of investments		128,669			1,556,901			1,418,990			1,804,751			(1,885,765	)
Distributions from capital gains		—			2,639,466			1,146,770			—			—
Net change in unrealized appreciation or depreciation of investments		(824,938	)		6,767,021			(1,547,999	)		5,139,185			4,067,479
Net increase (decrease) in net assets resulting from operations		(670,090	)		11,333,945			827,628			7,309,701			2,322,256

Contract transactions
Contract purchase payments		134,465			799,055			437,836			369,479			5,380,750
Net transfers⁽¹⁾		(563,958	)		12,566,583			(1,891,617	)		(411,126	)		(632,827	)
Transfers for policy loans		(2,246	)		3,343			5,249			14,707			14,785
Adjustments to net assets allocated to contracts in payment period		(3,468	)		14,295			9,500			(33,202	)		(328,179	)
Contract charges		(3,959	)		(45,194	)		(20,118	)		(13,238	)		(39,590	)
Contract terminations:
Surrender benefits		(1,152,248	)		(6,669,503	)		(2,865,704	)		(4,266,337	)		(6,476,740	)
Death benefits		(117,695	)		(457,593	)		(160,827	)		(494,864	)		(698,226	)
Increase (decrease) from contract transactions		(1,709,109	)		6,210,986			(4,485,681	)		(4,834,581	)		(2,780,027	)
Net assets at beginning of year		11,149,401			51,690,305			29,263,741			40,803,907			77,614,706
Net assets at end of year	$	8,770,202		$	69,235,236		$	25,605,688		$	43,279,027		$	77,156,935

Accumulation unit activity
Units outstanding at beginning of year		7,579,921			27,860,030			15,654,149			14,989,746			66,771,270
Contract purchase payments		96,004			383,285			234,799			129,436			4,689,570
Net transfers⁽¹⁾		(407,238	)		6,185,301			(1,011,232	)		(171,927	)		(347,189	)
Transfers for policy loans		(2,081	)		2,727			3,024			5,056			12,102
Contract charges		(2,847	)		(22,796	)		(10,936	)		(4,657	)		(34,314	)
Contract terminations:
Surrender benefits		(824,030	)		(3,359,986	)		(1,547,351	)		(1,484,573	)		(5,574,549	)
Death benefits		(84,126	)		(233,656	)		(86,056	)		(170,680	)		(606,600	)
Units outstanding at end of year		6,355,603			30,814,905			13,236,397			13,292,401			64,910,290

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



46		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	Calvert VP SRI Bal, Cl I			Col VP Bal, Cl 3			Col VP Commodity Strategy, Cl 2			Col VP Contrarian Core, Cl 2			Col VP Disciplined Core, Cl 3
Operations
Investment income (loss) — net	$	203,129		$	(3,699,894	)	$	(27,947	)	$	(652,737	)	$	(3,452,851	)
Net realized gain (loss) on sales of investments		314,784			7,651,653			(282,761	)		679,715			20,915,405
Distributions from capital gains		586,957			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		340,350			14,819,619			526,361			5,044,919			5,162,754
Net increase (decrease) in net assets resulting from operations		1,445,220			18,771,378			215,653			5,071,897			22,625,308

Contract transactions
Contract purchase payments		346,915			23,568,506			617,684			7,301,128			3,899,307
Net transfers⁽¹⁾		(7,404	)		91,562,859			612,229			18,013,393			(15,991,170	)
Transfers for policy loans		13,335			95,661			160			(1,634	)		357,353
Adjustments to net assets allocated to contracts in payment period		(6,260	)		(301,477	)		—			33,806			(572,071	)
Contract charges		(17,431	)		(215,565	)		(834	)		(33,646	)		(495,273	)
Contract terminations:
Surrender benefits		(2,442,420	)		(31,372,190	)		(208,102	)		(4,840,327	)		(34,538,371	)
Death benefits		(338,564	)		(5,681,928	)		(17,351	)		(608,286	)		(4,189,261	)
Increase (decrease) from contract transactions		(2,451,829	)		77,655,866			1,003,786			19,864,434			(51,529,486	)
Net assets at beginning of year		22,160,355			322,448,233			2,104,945			53,332,962			373,287,715
Net assets at end of year	$	21,153,746		$	418,875,477		$	3,324,384		$	78,269,293		$	344,383,537

Accumulation unit activity
Units outstanding at beginning of year		14,554,135			169,240,890			3,877,066			38,724,793			223,570,014
Contract purchase payments		218,564			13,532,463			1,063,251			5,188,456			2,347,382
Net transfers⁽¹⁾		6,175			51,382,489			957,858			12,886,932			(9,846,264	)
Transfers for policy loans		8,430			38,215			284			(1,243	)		198,168
Contract charges		(11,185	)		(111,784	)		(1,431	)		(23,921	)		(311,706	)
Contract terminations:
Surrender benefits		(1,562,085	)		(16,468,954	)		(358,112	)		(3,410,747	)		(21,474,027	)
Death benefits		(217,856	)		(3,030,445	)		(29,123	)		(431,539	)		(2,635,613	)
Units outstanding at end of year		12,996,178			214,582,874			5,509,793			52,932,731			191,847,954

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			47

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	Col VP Div Abs Return, Cl 2			Col VP Divd Opp, Cl 3			Col VP Emerg Mkts Bond, Cl 2			Col VP Emer Mkts, Cl 3			Col VP Global Bond, Cl 3
Operations
Investment income (loss) — net	$	(49,201	)	$	(5,426,268	)	$	119,412		$	(1,171,358	)	$	(1,133,774	)
Net realized gain (loss) on sales of investments		(52,608	)		39,735,240			(65,549	)		1,195,341			(5,496,951	)
Distributions from capital gains		—			—			—			—			3,285,472
Net change in unrealized appreciation or depreciation of investments		(72,587	)		34,948,848			627,461			5,498,550			1,691,112
Net increase (decrease) in net assets resulting from operations		(174,396	)		69,257,820			681,324			5,522,533			(1,654,141	)

Contract transactions
Contract purchase payments		270,043			6,081,970			527,162			2,202,906			1,000,194
Net transfers⁽¹⁾		(506,130	)		(14,047,678	)		1,456,937			(9,645,896	)		(6,664,185	)
Transfers for policy loans		1,837			187,901			(1,170	)		72,539			44,239
Adjustments to net assets allocated to contracts in payment period		—			(437,372	)		(8,244	)		(108,230	)		(19,563	)
Contract charges		(2,316	)		(496,991	)		(3,351	)		(160,298	)		(164,641	)
Contract terminations:
Surrender benefits		(497,937	)		(71,752,907	)		(925,663	)		(16,790,039	)		(16,002,445	)
Death benefits		(8,339	)		(7,684,063	)		(26,409	)		(1,090,263	)		(2,107,857	)
Increase (decrease) from contract transactions		(742,842	)		(88,149,140	)		1,019,262			(25,519,281	)		(23,914,258	)
Net assets at beginning of year		5,116,008			600,827,672			7,633,118			145,955,156			131,895,570
Net assets at end of year	$	4,198,770		$	581,936,352		$	9,333,704		$	125,958,408		$	106,327,171

Accumulation unit activity
Units outstanding at beginning of year		5,665,681			284,855,990			8,568,339			79,794,841			86,487,959
Contract purchase payments		306,967			2,911,571			542,725			1,245,096			662,294
Net transfers⁽¹⁾		(574,750	)		(6,202,118	)		1,415,639			(4,894,400	)		(4,380,983	)
Transfers for policy loans		2,047			88,656			(1,114	)		41,539			29,518
Contract charges		(2,605	)		(231,559	)		(3,520	)		(82,219	)		(106,417	)
Contract terminations:
Surrender benefits		(561,065	)		(31,279,212	)		(951,897	)		(8,585,401	)		(10,018,211	)
Death benefits		(9,371	)		(3,374,542	)		(27,475	)		(575,128	)		(1,370,194	)
Units outstanding at end of year		4,826,904			246,768,786			9,542,697			66,944,328			71,303,966

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



48		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	Col VP Govt Money Mkt, Cl 3			Col VP Hi Yield Bond, Cl 3			Col VP Inc Opp, Cl 3			Col VP Inter Bond, Cl 3			Col VP Lg Cap Gro, Cl 3
Operations
Investment income (loss) — net	$	(1,484,284	)	$	14,771,674		$	19,067,930		$	3,289,298		$	(1,170,223	)
Net realized gain (loss) on sales of investments		5,805			(200,253	)		(5,721,683	)		(540,000	)		11,736,233
Distributions from capital gains		—			—			8,704,052			271,122			—
Net change in unrealized appreciation or depreciation of investments		(5,806	)		15,119,077			(7,102,312	)		13,476,815			(10,913,099	)
Net increase (decrease) in net assets resulting from operations		(1,484,285	)		29,690,498			14,947,987			16,497,235			(347,089	)

Contract transactions
Contract purchase payments		8,290,766			2,273,101			1,155,380			3,657,782			1,590,056
Net transfers⁽¹⁾		24,169,133			(7,347,050	)		61,953,198			350,548			(14,611,994	)
Transfers for policy loans		179,074			4,779			18,332			103,484			58,486
Adjustments to net assets allocated to contracts in payment period		164,337			(236,745	)		20,587			(187,136	)		7,673
Contract charges		(160,265	)		(187,233	)		(219,749	)		(553,878	)		(125,617	)
Contract terminations:
Surrender benefits		(41,591,610	)		(37,275,861	)		(23,155,061	)		(57,405,593	)		(15,980,279	)
Death benefits		(2,449,681	)		(4,315,782	)		(2,425,446	)		(7,128,712	)		(2,054,844	)
Increase (decrease) from contract transactions		(11,398,246	)		(47,084,791	)		37,347,241			(61,163,505	)		(31,116,519	)
Net assets at beginning of year		166,144,821			300,720,023			130,021,015			458,449,232			155,892,320
Net assets at end of year	$	153,262,290		$	283,325,730		$	182,316,243		$	413,782,962		$	124,428,712

Accumulation unit activity
Units outstanding at beginning of year		149,791,417			138,676,666			71,367,672			271,784,730			123,331,078
Contract purchase payments		7,686,927			1,051,030			609,661			2,164,228			1,242,598
Net transfers⁽¹⁾		22,340,579			(3,286,240	)		32,770,138			524,883			(11,658,980	)
Transfers for policy loans		157,590			1,506			9,573			62,094			45,637
Contract charges		(144,638	)		(82,362	)		(114,492	)		(322,248	)		(102,806	)
Contract terminations:
Surrender benefits		(37,826,365	)		(16,169,322	)		(11,931,610	)		(32,438,075	)		(13,179,456	)
Death benefits		(2,271,235	)		(1,882,252	)		(1,269,587	)		(4,133,866	)		(1,726,923	)
Units outstanding at end of year		139,734,275			118,309,026			91,441,355			237,641,746			97,951,148

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			49

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	Col VP Lg Cap Index, Cl 3			Col VP Limited Duration Cr, Cl 2			Col VP Long Govt/Cr Bond, Cl 2			Col VP Mid Cap Gro, Cl 3			Col VP Mid Cap Val, Cl 3
Operations
Investment income (loss) — net	$	(2,095,902	)	$	656,516		$	127,920		$	(785,352	)	$	(664,842	)
Net realized gain (loss) on sales of investments		9,106,089			(367,869	)		221,113			6,359,320			5,504,034
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		15,214,418			728,551			(153,293	)		(4,962,449	)		3,936,480
Net increase (decrease) in net assets resulting from operations		22,224,605			1,017,198			195,740			611,519			8,775,672

Contract transactions
Contract purchase payments		17,758,421			2,626,244			1,578,745			978,112			775,912
Net transfers⁽¹⁾		10,802,004			11,222,774			4,088,630			(5,725,234	)		(5,392,467	)
Transfers for policy loans		(8,330	)		(7,806	)		(1,407	)		72,418			13,178
Adjustments to net assets allocated to contracts in payment period		190,769			(12,874	)		84,836			(40,641	)		10,552
Contract charges		(130,956	)		(11,909	)		(7,034	)		(68,238	)		(56,706	)
Contract terminations:
Surrender benefits		(18,801,581	)		(3,150,791	)		(1,733,083	)		(8,576,446	)		(8,960,345	)
Death benefits		(1,621,344	)		(1,069,578	)		(161,826	)		(892,831	)		(638,869	)
Increase (decrease) from contract transactions		8,188,983			9,596,060			3,848,861			(14,252,860	)		(14,248,745	)
Net assets at beginning of year		211,511,578			18,594,897			12,089,036			88,863,295			78,816,383
Net assets at end of year	$	241,925,166		$	29,208,155		$	16,133,637		$	75,221,954		$	73,343,310

Accumulation unit activity
Units outstanding at beginning of year		127,926,882			18,413,337			12,314,760			48,189,254			41,416,059
Contract purchase payments		10,342,888			2,493,446			1,535,087			551,681			418,490
Net transfers⁽¹⁾		5,894,143			11,035,263			4,039,309			(3,115,011	)		(2,752,700	)
Transfers for policy loans		(1,687	)		(7,195	)		(1,263	)		40,934			5,881
Contract charges		(77,033	)		(11,507	)		(6,813	)		(37,961	)		(29,277	)
Contract terminations:
Surrender benefits		(11,193,807	)		(3,087,755	)		(1,655,514	)		(4,658,177	)		(4,433,838	)
Death benefits		(958,132	)		(1,002,702	)		(155,844	)		(521,468	)		(346,751	)
Units outstanding at end of year		131,933,254			27,832,887			16,069,722			40,449,252			34,277,864

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



50		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	Col VP Overseas Core, Cl 3			Col VP Select Lg Cap Val, Cl 3			Col VP Select Sm Cap Val, Cl 3			Col VP US Govt Mtge, Cl 3			CS Commodity Return
Operations
Investment income (loss) — net	$	490,617		$	(288,608	)	$	(421,322	)	$	1,994,272		$	(206,964	)
Net realized gain (loss) on sales of investments		1,300,395			2,849,192			3,444,706			243,398			(6,815,970	)
Distributions from capital gains		—			—			—			799,448			—
Net change in unrealized appreciation or depreciation of investments		(8,360,281	)		2,770,548			2,614,410			(1,171,097	)		9,341,625
Net increase (decrease) in net assets resulting from operations		(6,569,269	)		5,331,132			5,637,794			1,866,021			2,318,691

Contract transactions
Contract purchase payments		1,169,487			268,340			538,578			1,610,490			537,873
Net transfers⁽¹⁾		22,147,664			(2,556,572	)		(2,855,335	)		2,611,140			(1,854,537	)
Transfers for policy loans		61,535			(4,837	)		27,376			32,454			17,431
Adjustments to net assets allocated to contracts in payment period		58,738			(3,930	)		(12,281	)		(11,386	)		(41,798	)
Contract charges		(68,284	)		(21,869	)		(39,113	)		(79,673	)		(17,893	)
Contract terminations:
Surrender benefits		(9,831,224	)		(4,632,529	)		(5,614,747	)		(13,975,948	)		(2,550,812	)
Death benefits		(1,274,898	)		(345,221	)		(464,175	)		(1,525,164	)		(225,822	)
Increase (decrease) from contract transactions		12,263,018			(7,296,618	)		(8,419,697	)		(11,338,087	)		(4,135,558	)
Net assets at beginning of year		83,040,382			35,587,678			52,102,797			107,794,046			23,648,124
Net assets at end of year	$	88,734,131		$	33,622,192		$	49,320,894		$	98,321,980		$	21,831,257

Accumulation unit activity
Units outstanding at beginning of year		59,940,899			19,233,860			20,664,297			81,827,094			50,299,336
Contract purchase payments		925,675			142,909			218,105			1,218,471			1,090,199
Net transfers⁽¹⁾		18,392,413			(1,443,406	)		(1,140,318	)		2,077,920			(3,897,980	)
Transfers for policy loans		47,240			(1,471	)		7,558			25,122			34,762
Contract charges		(54,682	)		(11,538	)		(15,331	)		(58,956	)		(36,135	)
Contract terminations:
Surrender benefits		(7,970,805	)		(2,363,888	)		(2,153,911	)		(10,300,378	)		(5,149,601	)
Death benefits		(1,036,332	)		(189,278	)		(187,557	)		(1,121,938	)		(455,937	)
Units outstanding at end of year		70,244,408			15,367,188			17,392,843			73,667,335			41,884,644

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			51

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	CTIVP AQR Man Fut Strategy, Cl 2			CTIVP BR Gl Infl Prot Sec, Cl 3			CTIVP Lazard Intl Eq Adv, Cl 2			CTIVP Loomis Sayles Gro, Cl 1⁽²⁾			CTIVP MFS Blend Res Core Eq, Cl 3
Operations
Investment income (loss) — net	$	1,160,044		$	(953,929	)	$	29,938		$	(822,546	)	$	(308,289	)
Net realized gain (loss) on sales of investments		(1,208,700	)		(9,703,934	)		(122,381	)		1,171,813			3,098,496
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		(2,905,219	)		18,465,157			182,250			6,527,702			41,950
Net increase (decrease) in net assets resulting from operations		(2,953,875	)		7,807,294			89,807			6,876,969			2,832,157

Contract transactions
Contract purchase payments		1,733,830			640,719			857,932			942,899			288,831
Net transfers⁽¹⁾		5,164,175			(3,850,143	)		1,164,576			132,855,020			(2,387,630	)
Transfers for policy loans		(1,480	)		20,928			59			(1,275	)		3,137
Adjustments to net assets allocated to contracts in payment period		(79	)		140,853			—			245,954			(11,649	)
Contract charges		(14,772	)		(257,417	)		(1,549	)		(95,328	)		(81,842	)
Contract terminations:
Surrender benefits		(1,984,396	)		(13,902,297	)		(194,809	)		(12,416,575	)		(3,696,013	)
Death benefits		(141,845	)		(1,489,713	)		—			(796,343	)		(305,283	)
Increase (decrease) from contract transactions		4,755,433			(18,697,070	)		1,826,209			120,734,352			(6,190,449	)
Net assets at beginning of year		21,773,138			111,255,070			3,199,084			—			36,243,425
Net assets at end of year	$	23,574,696		$	100,365,294		$	5,115,100		$	127,611,321		$	32,885,133

Accumulation unit activity
Units outstanding at beginning of year		19,615,032			81,587,832			3,225,319			—			24,828,897
Contract purchase payments		1,606,778			451,698			863,603			888,965			199,213
Net transfers⁽¹⁾		4,347,910			(2,766,077	)		1,131,598			131,976,623			(1,598,779	)
Transfers for policy loans		(1,322	)		14,940			75			(1,529	)		2,130
Contract charges		(13,574	)		(178,624	)		(1,548	)		(89,354	)		(54,866	)
Contract terminations:
Surrender benefits		(1,837,891	)		(9,666,876	)		(193,518	)		(11,623,058	)		(2,448,845	)
Death benefits		(128,075	)		(1,045,774	)		—			(744,108	)		(205,748	)
Units outstanding at end of year		23,588,858			68,397,119			5,025,529			120,407,539			20,722,002

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

⁽²⁾	For the period April 29, 2016 (commencement of operations) to Dec. 31, 2016.

See accompanying notes to financial statements.



52		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	CTIVP Vty Sycamore Estb Val, Cl 3			CTIVP WF Short Duration Govt, Cl 2			Deutsche Alt Asset Alloc VIP, Cl B			EV VT Floating-Rate Inc, Init Cl			Fid VIP Contrafund, Serv Cl 2
Operations
Investment income (loss) — net	$	(215,474	)	$	(52,812	)	$	227,192		$	4,479,490		$	(1,565,047	)
Net realized gain (loss) on sales of investments		1,034,863			(32,311	)		(371,312	)		(1,430,456	)		9,350,540
Distributions from capital gains		—			73,911			—			—			37,349,457
Net change in unrealized appreciation or depreciation of investments		3,574,539			(81,565	)		1,019,271			10,228,190			(17,488,232	)
Net increase (decrease) in net assets resulting from operations		4,393,928			(92,777	)		875,151			13,277,224			27,646,718

Contract transactions
Contract purchase payments		320,409			2,938,505			782,307			2,168,494			14,677,120
Net transfers⁽¹⁾		6,356,735			6,845,524			(1,449,345	)		(5,002,536	)		(30,555,524	)
Transfers for policy loans		868			123			10,076			13,105			(12,203	)
Adjustments to net assets allocated to contracts in payment period		16,701			—			(1,513	)		(7,037	)		(157,578	)
Contract charges		(18,831	)		(4,695	)		(12,100	)		(145,564	)		(265,370	)
Contract terminations:
Surrender benefits		(2,691,013	)		(2,169,868	)		(2,477,634	)		(22,434,469	)		(51,728,089	)
Death benefits		(171,235	)		(58,346	)		(193,735	)		(2,561,161	)		(3,413,148	)
Increase (decrease) from contract transactions		3,813,634			7,551,243			(3,341,944	)		(27,969,168	)		(71,454,792	)
Net assets at beginning of year		20,942,382			11,544,033			23,377,676			187,969,132			474,192,485
Net assets at end of year	$	29,149,944		$	19,002,499		$	20,910,883		$	173,277,188		$	430,384,411

Accumulation unit activity
Units outstanding at beginning of year		9,983,926			11,656,866			24,733,445			149,366,695			275,836,555
Contract purchase payments		144,465			2,946,380			804,378			1,681,061			8,530,085
Net transfers⁽¹⁾		2,753,731			6,832,838			(1,518,662	)		(4,324,662	)		(17,823,961	)
Transfers for policy loans		105			123			10,469			9,962			(7,242	)
Contract charges		(8,351	)		(4,704	)		(12,405	)		(111,715	)		(154,494	)
Contract terminations:
Surrender benefits		(1,165,866	)		(2,173,513	)		(2,525,191	)		(17,120,207	)		(29,948,566	)
Death benefits		(74,996	)		(59,102	)		(201,405	)		(1,992,133	)		(2,003,900	)
Units outstanding at end of year		11,633,014			19,198,888			21,290,629			127,509,001			234,428,477

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			53

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	Fid VIP Gro & Inc, Serv Cl			Fid VIP Mid Cap, Serv Cl			Fid VIP Overseas, Serv Cl			Fid VIP Strategic Inc, Serv Cl 2			Frank Global Real Est, Cl 2
Operations
Investment income (loss) — net	$	324,187		$	(381,316	)	$	58,503		$	1,824,682		$	402,637
Net realized gain (loss) on sales of investments		1,347,043			2,429,771			(8,893	)		(236,280	)		(3,696,007	)
Distributions from capital gains		2,724,729			5,720,092			21,562			—			—
Net change in unrealized appreciation or depreciation of investments		1,694,488			1,522,326			(949,542	)		2,296,056			3,226,386
Net increase (decrease) in net assets resulting from operations		6,090,447			9,290,873			(878,370	)		3,884,458			(66,984	)

Contract transactions
Contract purchase payments		368,676			785,669			199,082			5,152,405			1,442,281
Net transfers⁽¹⁾		(1,981,376	)		(5,712,827	)		(959,450	)		16,983,813			(4,778,884	)
Transfers for policy loans		40,815			60,987			(12,705	)		14,083			38,511
Adjustments to net assets allocated to contracts in payment period		(20,390	)		26,556			7,850			(20,607	)		(37,055	)
Contract charges		(19,682	)		(36,492	)		(5,789	)		(25,095	)		(96,708	)
Contract terminations:
Surrender benefits		(4,466,561	)		(8,817,857	)		(1,439,407	)		(5,010,652	)		(14,681,815	)
Death benefits		(399,434	)		(906,550	)		(135,499	)		(397,937	)		(1,321,058	)
Increase (decrease) from contract transactions		(6,477,952	)		(14,600,514	)		(2,345,918	)		16,696,010			(19,434,728	)
Net assets at beginning of year		45,766,135			94,228,396			15,336,390			52,765,224			130,836,071
Net assets at end of year	$	45,378,630		$	88,918,755		$	12,112,102		$	73,345,692		$	111,334,359

Accumulation unit activity
Units outstanding at beginning of year		26,111,674			17,468,763			10,569,324			53,859,739			62,987,646
Contract purchase payments		205,554			144,810			144,373			4,997,775			742,955
Net transfers⁽¹⁾		(1,114,493	)		(1,046,495	)		(698,232	)		16,449,096			(2,354,407	)
Transfers for policy loans		22,340			10,728			(9,723	)		13,558			15,079
Contract charges		(10,976	)		(6,747	)		(4,236	)		(24,556	)		(43,421	)
Contract terminations:
Surrender benefits		(2,478,890	)		(1,612,729	)		(1,050,094	)		(4,844,014	)		(6,401,204	)
Death benefits		(224,943	)		(164,697	)		(97,615	)		(385,838	)		(562,375	)
Units outstanding at end of year		22,510,266			14,793,633			8,853,797			70,065,760			54,384,273

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



54		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	Frank Inc, Cl 2			Frank Sm Cap Val, Cl 2			GS VIT Mid Cap Val, Inst			GS VIT Multi-Strategy Alt, Advisor			GS VIT Sm Cap Eq Insights, Inst
Operations
Investment income (loss) — net	$	1,967,609		$	(118,935	)	$	723,355		$	(8,879	)	$	19,270
Net realized gain (loss) on sales of investments		(1,705,892	)		1,811,718			22,225			(83,542	)		3,339
Distributions from capital gains		—			19,043,993			86,648			—			168,753
Net change in unrealized appreciation or depreciation of investments		5,631,053			11,992,811			18,365,205			66,549			1,063,509
Net increase (decrease) in net assets resulting from operations		5,892,770			32,729,587			19,197,433			(25,872	)		1,254,871

Contract transactions
Contract purchase payments		3,500,182			4,113,904			1,305,408			706,753			55,315
Net transfers⁽¹⁾		(2,849,990	)		1,334,897			(12,081,377	)		110,540			(352,951	)
Transfers for policy loans		731			27,879			35,601			(910	)		5,962
Adjustments to net assets allocated to contracts in payment period		21,944			(27,628	)		(97,957	)		—			(3,889	)
Contract charges		(24,521	)		(77,968	)		(171,240	)		(1,858	)		(2,697	)
Contract terminations:
Surrender benefits		(3,711,843	)		(14,060,367	)		(23,201,348	)		(257,790	)		(548,555	)
Death benefits		(708,722	)		(1,040,923	)		(1,924,499	)		(60,094	)		(75,024	)
Increase (decrease) from contract transactions		(3,772,219	)		(9,730,206	)		(36,135,412	)		496,641			(921,839	)
Net assets at beginning of year		51,973,041			120,884,612			181,065,429			4,092,573			6,430,750
Net assets at end of year	$	54,093,592		$	143,883,993		$	164,127,450		$	4,563,342		$	6,763,782

Accumulation unit activity
Units outstanding at beginning of year		50,948,986			45,434,707			46,292,401			4,494,331			2,386,887
Contract purchase payments		3,270,912			1,598,086			344,458			787,091			19,866
Net transfers⁽¹⁾		(3,091,698	)		749,530			(3,066,031	)		125,433			(131,830	)
Transfers for policy loans		680			5,709			9,941			(996	)		1,949
Contract charges		(23,127	)		(25,884	)		(43,084	)		(2,068	)		(965	)
Contract terminations:
Surrender benefits		(3,454,927	)		(4,494,641	)		(5,733,817	)		(286,642	)		(193,358	)
Death benefits		(668,131	)		(372,762	)		(479,349	)		(67,735	)		(28,594	)
Units outstanding at end of year		46,982,695			42,894,745			37,324,519			5,049,414			2,053,955

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			55

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	GS VIT U.S. Eq Insights, Inst			Invesco VI Am Fran, Ser I			Invesco VI Bal Risk Alloc, Ser II			Invesco VI Comstock, Ser II			Invesco VI Hlth, Ser II
Operations
Investment income (loss) — net	$	452,458		$	(102,294	)	$	(313,363	)	$	578,783		$	(514,882	)
Net realized gain (loss) on sales of investments		5,911,125			555,400			(1,090,327	)		8,865,558			702,252
Distributions from capital gains		4,035,470			1,096,360			—			11,430,390			8,312,516
Net change in unrealized appreciation or depreciation of investments		555,365			(1,423,314	)		4,892,435			794,981			(17,091,176	)
Net increase (decrease) in net assets resulting from operations		10,954,418			126,152			3,488,745			21,669,712			(8,591,290	)

Contract transactions
Contract purchase payments		923,860			152,618			2,209,924			1,207,719			785,934
Net transfers⁽¹⁾		(6,780,232	)		(567,429	)		5,240,767			(10,302,767	)		(9,456,557	)
Transfers for policy loans		3,002			13,387			5,853			14,143			7,330
Adjustments to net assets allocated to contracts in payment period		(47,109	)		(1,491	)		297,185			(14,524	)		(14,998	)
Contract charges		(201,175	)		(7,465	)		(19,121	)		(313,237	)		(40,742	)
Contract terminations:
Surrender benefits		(15,300,389	)		(1,118,274	)		(3,134,305	)		(19,804,890	)		(7,578,017	)
Death benefits		(1,095,673	)		(112,432	)		(394,303	)		(1,387,919	)		(562,901	)
Increase (decrease) from contract transactions		(22,497,716	)		(1,641,086	)		4,206,000			(30,601,475	)		(16,859,951	)
Net assets at beginning of year		129,547,575			13,593,306			35,265,297			160,796,370			72,932,865
Net assets at end of year	$	118,004,277		$	12,078,372		$	42,960,042		$	151,864,607		$	47,481,624

Accumulation unit activity
Units outstanding at beginning of year		74,052,119			8,992,938			36,247,226			87,865,742			32,922,808
Contract purchase payments		514,269			103,285			2,114,650			673,094			392,839
Net transfers⁽¹⁾		(3,833,294	)		(386,188	)		4,783,659			(5,505,222	)		(4,762,218	)
Transfers for policy loans		2,098			8,808			5,331			9,750			3,909
Contract charges		(112,507	)		(5,116	)		(18,578	)		(166,209	)		(20,392	)
Contract terminations:
Surrender benefits		(8,626,906	)		(759,503	)		(3,011,250	)		(10,438,340	)		(3,813,032	)
Death benefits		(617,727	)		(77,734	)		(388,779	)		(733,757	)		(285,642	)
Units outstanding at end of year		61,378,052			7,876,490			39,732,259			71,705,058			24,438,272

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



56		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	Invesco VI Intl Gro, Ser II			Invesco VI Mid Cap Gro, Ser I			Ivy VIP Asset Strategy			Janus Henderson Enterprise, Serv			Janus Henderson Flex Bond, Serv
Operations
Investment income (loss) — net	$	206,007		$	(155,662	)	$	(107,506	)	$	(110,905	)	$	791,733
Net realized gain (loss) on sales of investments		2,434,000			430,162			(6,091,600	)		610,033			(37,447	)
Distributions from capital gains		—			2,070,492			—			1,153,414			—
Net change in unrealized appreciation or depreciation of investments		(4,019,365	)		(2,156,144	)		5,046,127			(177,063	)		(391,280	)
Net increase (decrease) in net assets resulting from operations		(1,379,358	)		188,848			(1,152,979	)		1,475,479			363,006

Contract transactions
Contract purchase payments		1,078,243			156,788			1,035,568			130,046			4,670,202
Net transfers⁽¹⁾		(3,956,830	)		5,461,918			(10,888,654	)		(359,552	)		13,745,360
Transfers for policy loans		52,435			7,322			2,544			13,266			(3,764	)
Adjustments to net assets allocated to contracts in payment period		66,910			8,044			(101,695	)		(1,051	)		(8,765	)
Contract charges		(78,684	)		(11,436	)		(14,015	)		(8,394	)		(17,669	)
Contract terminations:
Surrender benefits		(10,764,475	)		(1,709,670	)		(2,156,179	)		(1,627,690	)		(4,473,089	)
Death benefits		(888,936	)		(342,726	)		(1,137,407	)		(60,795	)		(579,352	)
Increase (decrease) from contract transactions		(14,491,337	)		3,570,240			(13,259,838	)		(1,914,170	)		13,332,923
Net assets at beginning of year		92,916,792			15,598,338			33,022,439			14,195,391			39,812,510
Net assets at end of year	$	77,046,097		$	19,357,426		$	18,609,622		$	13,756,700		$	53,508,439

Accumulation unit activity
Units outstanding at beginning of year		58,758,100			10,875,096			31,993,900			11,613,589			39,412,118
Contract purchase payments		700,051			113,036			1,052,250			101,726			4,537,515
Net transfers⁽¹⁾		(2,599,144	)		4,005,375			(11,039,918	)		(270,015	)		13,328,579
Transfers for policy loans		31,693			5,182			2,439			10,286			(3,606	)
Contract charges		(51,304	)		(8,181	)		(14,196	)		(6,520	)		(17,049	)
Contract terminations:
Surrender benefits		(6,808,975	)		(1,227,273	)		(2,182,687	)		(1,280,050	)		(4,310,456	)
Death benefits		(561,143	)		(248,085	)		(1,143,215	)		(45,360	)		(561,702	)
Units outstanding at end of year		49,469,278			13,515,150			18,668,573			10,123,656			52,385,399

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			57

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	Janus Henderson Gbl Alloc Mod, Srv			Janus Henderson Global Tech, Serv			Janus Henderson Overseas, Serv			Janus Henderson Res, Serv			Lazard Ret Global Dyn MA, Serv
Operations
Investment income (loss) — net	$	3,423		$	(137,775	)	$	965,206		$	(269,658	)	$	(140,652	)
Net realized gain (loss) on sales of investments		(342,751	)		847,366			(2,277,048	)		1,127,943			(225,488	)
Distributions from capital gains		235,231			675,576			818,172			3,061,043			59,864
Net change in unrealized appreciation or depreciation of investments		280,432			867,381			(1,844,796	)		(4,273,719	)		686,505
Net increase (decrease) in net assets resulting from operations		176,335			2,252,548			(2,338,466	)		(354,391	)		380,229

Contract transactions
Contract purchase payments		582,840			224,548			352,442			1,633,922			1,320,931
Net transfers⁽¹⁾		(3,141,244	)		(554,308	)		(2,056,824	)		(3,727,114	)		(1,520,821	)
Transfers for policy loans		—			2,785			36,044			13,138			(2,094	)
Adjustments to net assets allocated to contracts in payment period		(161,912	)		10,482			(13,248	)		(2,363	)		—
Contract charges		(6,595	)		(10,460	)		(16,395	)		(79,431	)		(9,227	)
Contract terminations:
Surrender benefits		(952,646	)		(2,184,224	)		(2,426,897	)		(5,278,436	)		(3,270,025	)
Death benefits		(102,055	)		(50,175	)		(344,457	)		(405,841	)		(84,143	)
Increase (decrease) from contract transactions		(3,781,612	)		(2,561,352	)		(4,469,335	)		(7,846,125	)		(3,565,379	)
Net assets at beginning of year		10,556,046			19,199,964			30,219,433			53,074,982			18,041,940
Net assets at end of year	$	6,950,769		$	18,891,160		$	23,411,632		$	44,874,466		$	14,856,790

Accumulation unit activity
Units outstanding at beginning of year		8,903,912			21,049,420			24,945,865			33,433,242			16,047,854
Contract purchase payments		498,385			241,002			319,310			1,041,402			1,154,717
Net transfers⁽¹⁾		(2,661,869	)		(534,665	)		(1,862,983	)		(2,340,022	)		(1,325,585	)
Transfers for policy loans		—			1,619			33,126			8,565			(1,847	)
Contract charges		(5,618	)		(10,726	)		(14,876	)		(51,596	)		(8,106	)
Contract terminations:
Surrender benefits		(811,000	)		(2,334,332	)		(2,189,909	)		(3,370,951	)		(2,855,826	)
Death benefits		(87,190	)		(51,956	)		(317,068	)		(264,193	)		(76,863	)
Units outstanding at end of year		5,836,620			18,360,362			20,913,465			28,456,447			12,934,344

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



58		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	MFS Mass Inv Gro Stock, Serv Cl			MFS New Dis, Serv Cl			MFS Utilities, Serv Cl			MS VIF Global Real Est, Cl II			MS VIF Mid Cap Gro, Cl II
Operations
Investment income (loss) — net	$	(320,306	)	$	(274,258	)	$	5,180,827		$	212,429		$	(276,565	)
Net realized gain (loss) on sales of investments		(1,049,629	)		(279,052	)		197,307			1,571,507			(2,426,826	)
Distributions from capital gains		7,345,781			1,533,232			4,424,526			—			1,372,229
Net change in unrealized appreciation or depreciation of investments		(2,907,635	)		1,298,528			8,734,181			(728,515	)		(1,903,547	)
Net increase (decrease) in net assets resulting from operations		3,068,211			2,278,450			18,536,841			1,055,421			(3,234,709	)

Contract transactions
Contract purchase payments		595,773			333,510			5,983,976			581,322			896,889
Net transfers⁽¹⁾		(268,856	)		(2,484,481	)		(10,137,340	)		(2,777,069	)		(4,411,149	)
Transfers for policy loans		24,607			19,634			43,424			3,334			15,451
Adjustments to net assets allocated to contracts in payment period		(22,103	)		(11,722	)		(43,159	)		(5,417	)		(9,641	)
Contract charges		(43,068	)		(24,944	)		(122,676	)		(40,545	)		(18,299	)
Contract terminations:
Surrender benefits		(8,416,110	)		(3,489,727	)		(20,050,000	)		(6,208,512	)		(3,351,831	)
Death benefits		(494,148	)		(408,898	)		(2,155,135	)		(482,898	)		(364,636	)
Increase (decrease) from contract transactions		(8,623,905	)		(6,066,628	)		(26,480,910	)		(8,929,785	)		(7,243,216	)
Net assets at beginning of year		66,041,982			35,639,593			190,029,278			53,052,319			35,166,775
Net assets at end of year	$	60,486,288		$	31,851,415		$	182,085,209		$	45,177,955		$	24,688,850

Accumulation unit activity
Units outstanding at beginning of year		67,424,929			20,210,024			79,767,962			38,954,491			20,714,793
Contract purchase payments		594,754			190,394			2,526,361			420,467			585,355
Net transfers⁽¹⁾		(319,038	)		(1,430,257	)		(3,880,826	)		(2,109,801	)		(2,822,122	)
Transfers for policy loans		24,794			11,366			17,238			2,817			9,070
Contract charges		(42,817	)		(14,202	)		(47,247	)		(29,067	)		(11,660	)
Contract terminations:
Surrender benefits		(8,329,635	)		(1,992,379	)		(7,446,389	)		(4,457,758	)		(2,153,438	)
Death benefits		(491,852	)		(240,570	)		(880,014	)		(350,637	)		(232,345	)
Units outstanding at end of year		58,861,135			16,734,376			70,057,085			32,430,512			16,089,653

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			59

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	NB AMT Intl Eq, Cl S			NB AMT US Eq Index PW Strat, Cl S			Oppen Global VA, Serv			Oppen Global Strategic Inc VA, Srv			Oppen Main St Sm Cap VA, Serv
Operations
Investment income (loss) — net	$	(43,372	)	$	(33,550	)	$	(172,492	)	$	13,917,758		$	(591,440	)
Net realized gain (loss) on sales of investments		130,449			(102,946	)		807,445			(4,474,548	)		567,307
Distributions from capital gains		76,473			15,779			7,065,565			—			3,255,379
Net change in unrealized appreciation or depreciation of investments		(566,915	)		58,857			(9,482,748	)		10,250,426			9,848,649
Net increase (decrease) in net assets resulting from operations		(403,365	)		(61,860	)		(1,782,230	)		19,693,636			13,079,895

Contract transactions
Contract purchase payments		134,217			471,156			3,363,401			4,489,587			3,329,870
Net transfers⁽¹⁾		(145,292	)		(398,180	)		(8,993,489	)		(30,607,099	)		(1,625,879	)
Transfers for policy loans		7,761			181			(396	)		53,116			(1,954	)
Adjustments to net assets allocated to contracts in payment period		(124	)		—			(34,788	)		(223,967	)		2,851
Contract charges		(22,116	)		(1,984	)		(58,231	)		(390,934	)		(49,490	)
Contract terminations:
Surrender benefits		(1,832,053	)		(328,041	)		(10,239,313	)		(50,957,223	)		(8,639,195	)
Death benefits		(87,536	)		(9,315	)		(618,192	)		(4,465,850	)		(549,928	)
Increase (decrease) from contract transactions		(1,945,143	)		(266,183	)		(16,581,008	)		(82,102,370	)		(7,533,725	)
Net assets at beginning of year		16,012,826			3,400,054			116,212,024			407,153,909			86,026,028
Net assets at end of year	$	13,664,318		$	3,072,011		$	97,848,786		$	344,745,175		$	91,572,198

Accumulation unit activity
Units outstanding at beginning of year		14,558,630			3,672,899			60,234,577			270,282,726			41,600,118
Contract purchase payments		125,198			519,789			1,915,784			3,013,743			1,596,938
Net transfers⁽¹⁾		(116,180	)		(444,967	)		(4,961,227	)		(19,844,723	)		(841,830	)
Transfers for policy loans		6,913			199			(355	)		34,195			(1,017	)
Contract charges		(20,492	)		(2,182	)		(31,588	)		(251,447	)		(22,844	)
Contract terminations:
Surrender benefits		(1,727,152	)		(359,520	)		(5,405,462	)		(32,533,962	)		(3,933,692	)
Death benefits		(79,928	)		(10,283	)		(355,116	)		(2,904,414	)		(260,452	)
Units outstanding at end of year		12,746,989			3,375,935			51,396,613			217,796,118			38,137,221

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



60		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	PIMCO VIT All Asset, Advisor Cl			PIMCO VIT Glb MA Man Alloc, Adv Cl			PIMCO VIT Tot Return, Advisor Cl			Put VT Sus Leaders, Cl IB			Royce Micro-Cap, Invest Cl
Operations
Investment income (loss) — net	$	1,446,489		$	52,780		$	156,632		$	(32,409	)	$	(26,645	)
Net realized gain (loss) on sales of investments		(3,355,469	)		(63,240	)		(121,888	)		1,497,145			121,355
Distributions from capital gains		—			—			—			2,555,353			—
Net change in unrealized appreciation or depreciation of investments		12,876,638			123,215			154,577			(2,369,775	)		2,683,502
Net increase (decrease) in net assets resulting from operations		10,967,658			112,755			189,321			1,650,314			2,778,212

Contract transactions
Contract purchase payments		1,766,814			156,737			2,256,673			320,817			155,573
Net transfers⁽¹⁾		(9,206,806	)		(333,210	)		4,560,812			(1,528,509	)		(1,047,721	)
Transfers for policy loans		16,673			4,287			(4,580	)		21,983			10,251
Adjustments to net assets allocated to contracts in payment period		(196,800	)		—			—			(3,645	)		(19,168	)
Contract charges		(108,987	)		(1,339	)		(4,771	)		(19,751	)		(7,330	)
Contract terminations:
Surrender benefits		(12,235,333	)		(179,799	)		(1,543,669	)		(2,524,204	)		(1,749,404	)
Death benefits		(1,252,293	)		(74,476	)		(277,601	)		(166,801	)		(129,986	)
Increase (decrease) from contract transactions		(21,216,732	)		(427,800	)		4,986,864			(3,900,110	)		(2,787,785	)
Net assets at beginning of year		103,894,943			4,525,097			13,796,405			27,761,690			17,086,250
Net assets at end of year	$	93,645,869		$	4,210,052		$	18,972,590		$	25,511,894		$	17,076,677

Accumulation unit activity
Units outstanding at beginning of year		80,430,778			4,723,809			14,008,564			14,935,925			4,659,422
Contract purchase payments		1,311,873			162,287			2,244,278			172,768			42,364
Net transfers⁽¹⁾		(6,969,744	)		(342,196	)		4,539,416			(833,533	)		(280,488	)
Transfers for policy loans		11,329			4,430			(4,459	)		11,942			2,700
Contract charges		(79,351	)		(1,416	)		(4,721	)		(10,656	)		(1,989	)
Contract terminations:
Surrender benefits		(8,873,264	)		(189,741	)		(1,522,706	)		(1,350,018	)		(466,564	)
Death benefits		(941,169	)		(81,336	)		(274,698	)		(88,102	)		(35,614	)
Units outstanding at end of year		64,890,452			4,275,837			18,985,674			12,838,326			3,919,831

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			61

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	Temp Global Bond, Cl 2			Third Ave Val			VanEck VIP Global Gold, Cl S			VP Aggr, Cl 2			VP Aggr, Cl 4
Operations
Investment income (loss) — net	$	(323,031	)	$	(6,046	)	$	(71,237	)	$	(10,594,502	)	$	(8,486,961	)
Net realized gain (loss) on sales of investments		(1,228,802	)		(301,755	)		534,838			35,791,727			72,881,937
Distributions from capital gains		28,558			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		2,075,437			2,121,393			1,279,927			26,799,053			(20,486,985	)
Net increase (decrease) in net assets resulting from operations		552,162			1,813,592			1,743,528			51,996,278			43,907,991

Contract transactions
Contract purchase payments		2,082,208			201,583			1,146,106			27,592,631			9,499,109
Net transfers⁽¹⁾		(2,420,967	)		(1,360,687	)		4,106,707			(75,390,479	)		(74,962,531	)
Transfers for policy loans		4,814			19,332			334			81,580			(24,065	)
Adjustments to net assets allocated to contracts in payment period		—			(1,461	)		42,473			(6,408	)		—
Contract charges		(12,810	)		(8,267	)		(5,708	)		(8,945,358	)		(5,332,381	)
Contract terminations:
Surrender benefits		(2,771,088	)		(1,834,173	)		(1,093,908	)		(46,350,674	)		(114,618,994	)
Death benefits		(245,814	)		(68,963	)		(200,408	)		(7,593,556	)		(2,877,593	)
Increase (decrease) from contract transactions		(3,363,657	)		(3,052,636	)		3,995,596			(110,612,264	)		(188,316,455	)
Net assets at beginning of year		34,992,777			18,682,242			5,450,430			1,143,770,244			1,014,550,826
Net assets at end of year	$	32,181,282		$	17,443,198		$	11,189,554		$	1,085,154,258		$	870,142,362

Accumulation unit activity
Units outstanding at beginning of year		37,383,235			5,994,798			10,176,008			767,604,686			678,200,582
Contract purchase payments		2,280,109			63,944			1,269,122			18,579,013			6,349,298
Net transfers⁽¹⁾		(2,634,947	)		(438,477	)		4,342,835			(50,175,950	)		(49,537,862	)
Transfers for policy loans		5,177			5,939			1,001			54,848			(16,572	)
Contract charges		(13,989	)		(2,645	)		(6,909	)		(5,995,009	)		(3,552,062	)
Contract terminations:
Surrender benefits		(3,013,755	)		(582,932	)		(1,286,738	)		(30,693,777	)		(75,496,969	)
Death benefits		(269,581	)		(21,825	)		(281,331	)		(5,081,131	)		(1,903,091	)
Units outstanding at end of year		33,736,249			5,018,802			14,213,988			694,292,680			554,043,324

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



62		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	VP Conserv, Cl 2			VP Conserv, Cl 4			VP Man Vol Conserv, Cl 2			VP Man Vol Conserv Gro, Cl 2			VP Man Vol Gro, Cl 2
Operations
Investment income (loss) — net	$	(5,372,581	)	$	(6,845,864	)	$	(3,393,960	)	$	(10,827,158	)	$	(71,268,022	)
Net realized gain (loss) on sales of investments		9,763,510			22,630,042			1,122,307			1,594,517			6,896,195
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		7,251,422			1,153,998			6,861,829			29,356,526			247,558,189
Net increase (decrease) in net assets resulting from operations		11,642,351			16,938,176			4,590,176			20,123,885			183,186,362

Contract transactions
Contract purchase payments		12,854,910			2,297,235			77,327,061			244,261,240			1,057,449,722
Net transfers⁽¹⁾		59,919,526			95,386,505			132,700,680			188,535,157			(127,259,939	)
Transfers for policy loans		(6,529	)		21,558			(22,140	)		41,114			(10,149	)
Adjustments to net assets allocated to contracts in payment period		(902	)		—			—			(3,802	)		(85,075	)
Contract charges		(3,212,340	)		(4,123,157	)		(3,528,330	)		(10,934,097	)		(80,756,996	)
Contract terminations:
Surrender benefits		(41,585,355	)		(100,584,163	)		(27,384,098	)		(32,389,199	)		(250,281,447	)
Death benefits		(8,323,690	)		(12,707,165	)		(1,616,599	)		(7,051,809	)		(27,764,549	)
Increase (decrease) from contract transactions		19,645,620			(19,709,187	)		177,476,574			382,458,604			571,291,567
Net assets at beginning of year		476,633,782			678,616,700			208,901,352			823,245,802			6,894,913,747
Net assets at end of year	$	507,921,753		$	675,845,689		$	390,968,102		$	1,225,828,291		$	7,649,391,676

Accumulation unit activity
Units outstanding at beginning of year		404,404,021			573,235,234			205,029,378			787,478,767			6,355,233,958
Contract purchase payments		10,675,738			1,890,501			74,301,378			229,506,097			957,155,470
Net transfers⁽¹⁾		49,795,459			78,524,219			127,992,031			178,136,607			(116,793,713	)
Transfers for policy loans		(5,372	)		17,481			(21,658	)		39,426			(9,328	)
Contract charges		(2,652,169	)		(3,397,334	)		(3,378,040	)		(10,261,597	)		(73,825,257	)
Contract terminations:
Surrender benefits		(34,338,298	)		(82,562,565	)		(26,379,503	)		(30,662,465	)		(234,671,031	)
Death benefits		(6,889,952	)		(10,560,383	)		(1,550,041	)		(6,623,850	)		(25,386,795	)
Units outstanding at end of year		420,989,427			557,147,153			375,993,545			1,147,612,985			6,861,703,304

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			63

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	VP Man Vol Mod Gro, Cl 2			VP Mod, Cl 2			VP Mod, Cl 4			VP Mod Aggr, Cl 2			VP Mod Aggr, Cl 4
Operations
Investment income (loss) — net	$	(111,398,548	)	$	(65,539,993	)	$	(87,556,932	)	$	(35,733,723	)	$	(30,493,310	)
Net realized gain (loss) on sales of investments		24,306,652			91,782,873			394,589,050			105,420,487			242,236,407
Distributions from capital gains		—			—			—			—			—
Net change in unrealized appreciation or depreciation of investments		351,962,441			205,102,629			28,750,794			81,100,147			(74,463,920	)
Net increase (decrease) in net assets resulting from operations		264,870,545			231,345,509			335,782,912			150,786,911			137,279,177

Contract transactions
Contract purchase payments		1,610,660,303			98,491,473			27,206,682			83,979,483			24,870,297
Net transfers⁽¹⁾		106,703,345			176,058,813			(78,150,353	)		(235,445,907	)		(251,706,577	)
Transfers for policy loans		(90,520	)		320,226			439,513			(54,634	)		475,064
Adjustments to net assets allocated to contracts in payment period		1,082,357			139,763			—			(698,167	)		—
Contract charges		(129,693,471	)		(55,498,912	)		(59,804,205	)		(30,160,829	)		(17,530,532	)
Contract terminations:
Surrender benefits		(275,526,416	)		(367,958,024	)		(954,916,542	)		(156,036,004	)		(393,942,396	)
Death benefits		(55,183,966	)		(58,380,304	)		(98,546,048	)		(17,596,008	)		(20,925,045	)
Increase (decrease) from contract transactions		1,257,951,632			(206,826,965	)		(1,163,770,953	)		(356,012,066	)		(658,759,189	)
Net assets at beginning of year		10,207,540,372			6,556,988,935			9,765,609,322			3,797,681,463			3,620,414,827
Net assets at end of year	$	11,730,362,549		$	6,581,507,479		$	8,937,621,281		$	3,592,456,308		$	3,098,934,815

Accumulation unit activity
Units outstanding at beginning of year		9,075,443,669			4,872,679,622			7,222,345,569			2,674,127,246			2,538,648,239
Contract purchase payments		1,407,766,167			72,592,007			19,889,867			58,651,707			17,326,563
Net transfers⁽¹⁾		94,690,785			127,356,711			(57,557,975	)		(163,988,945	)		(175,135,589	)
Transfers for policy loans		(78,487	)		237,496			319,955			(40,278	)		329,853
Contract charges		(113,700,160	)		(40,558,886	)		(43,564,626	)		(21,040,235	)		(12,184,450	)
Contract terminations:
Surrender benefits		(248,425,300	)		(268,522,117	)		(691,607,015	)		(108,095,982	)		(270,711,628	)
Death benefits		(48,468,495	)		(42,964,720	)		(72,096,039	)		(12,332,010	)		(14,479,425	)
Units outstanding at end of year		10,167,228,179			4,720,820,113			6,377,729,736			2,427,281,503			2,083,793,563

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



64		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	VP Mod Conserv, Cl 2			VP Mod Conserv, Cl 4			VP Ptnrs Sm Cap Val, Cl 3			Wanger Intl			Wanger USA
Operations
Investment income (loss) — net	$	(14,101,885	)	$	(18,711,484	)	$	(777,977	)	$	529,246		$	(2,330,305	)
Net realized gain (loss) on sales of investments		26,654,535			74,681,242			7,525,397			(4,155,743	)		(5,591,437	)
Distributions from capital gains		—			—			—			18,025,341			73,725,747
Net change in unrealized appreciation or depreciation of investments		25,898,653			3,001,663			13,175,441			(19,090,846	)		(35,098,344	)
Net increase (decrease) in net assets resulting from operations		38,451,303			58,971,421			19,922,861			(4,692,002	)		30,705,661

Contract transactions
Contract purchase payments		30,429,317			4,234,635			702,795			2,500,701			2,741,737
Net transfers⁽¹⁾		53,668,868			24,261,246			(4,756,567	)		(13,289,086	)		(16,710,152	)
Transfers for policy loans		41,801			7,526			45,786			56,737			37,382
Adjustments to net assets allocated to contracts in payment period		48,375			—			(40,597	)		(74,343	)		(48,701	)
Contract charges		(8,729,803	)		(10,805,562	)		(187,159	)		(225,366	)		(239,219	)
Contract terminations:
Surrender benefits		(92,677,258	)		(208,858,185	)		(10,816,852	)		(27,983,846	)		(33,649,385	)
Death benefits		(21,128,282	)		(39,590,058	)		(862,953	)		(1,575,042	)		(2,407,711	)
Increase (decrease) from contract transactions		(38,346,982	)		(230,750,398	)		(15,915,547	)		(40,590,245	)		(50,276,049	)
Net assets at beginning of year		1,362,064,961			2,012,895,760			91,179,558			241,040,044			289,512,769
Net assets at end of year	$	1,362,169,282		$	1,841,116,783		$	95,186,872		$	195,757,797		$	269,942,381

Accumulation unit activity
Units outstanding at beginning of year		1,080,403,981			1,588,849,739			38,517,793			94,009,881			105,481,027
Contract purchase payments		23,886,692			3,302,359			298,670			1,061,843			1,067,777
Net transfers⁽¹⁾		41,267,142			18,631,252			(1,832,350	)		(5,391,916	)		(6,168,725	)
Transfers for policy loans		30,248			6,333			18,141			18,805			12,189
Contract charges		(6,783,286	)		(8,365,395	)		(77,127	)		(87,316	)		(87,431	)
Contract terminations:
Surrender benefits		(72,020,512	)		(161,247,745	)		(4,151,716	)		(10,378,811	)		(11,716,613	)
Death benefits		(16,638,185	)		(30,752,875	)		(345,075	)		(612,424	)		(875,880	)
Units outstanding at end of year		1,050,146,080			1,410,423,668			32,428,336			78,620,062			87,712,344

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			65

Statements of Changes in Net Assets


Year ended Dec. 31, 2016 (continued)	WF VT Index Asset Alloc, Cl 2			WF VT Intl Eq, Cl 2			WF VT Sm Cap Gro, Cl 2			WA Var Global Hi Yd Bond, Cl II
Operations
Investment income (loss) — net	$	10,534		$	702,792		$	(576,098	)	$	292,145
Net realized gain (loss) on sales of investments		1,227,470			(641,685	)		(731,460	)		(258,643	)
Distributions from capital gains		799,921			2,805,230			5,876,067			—
Net change in unrealized appreciation or depreciation of investments		(189,349	)		(2,265,770	)		(1,043,118	)		728,816
Net increase (decrease) in net assets resulting from operations		1,848,576			600,567			3,525,391			762,318

Contract transactions
Contract purchase payments		331,509			450,265			2,021,741			326,364
Net transfers⁽¹⁾		294,791			(3,252,561	)		(4,674,773	)		397,809
Transfers for policy loans		14,943			31,623			14,613			467
Adjustments to net assets allocated to contracts in payment period		179,736			(7,897	)		(4,340	)		(1,064	)
Contract charges		(20,632	)		(50,989	)		(33,396	)		(2,802	)
Contract terminations:
Surrender benefits		(2,653,989	)		(4,237,748	)		(6,490,613	)		(812,185	)
Death benefits		(439,437	)		(385,551	)		(391,158	)		(3,899	)
Increase (decrease) from contract transactions		(2,293,079	)		(7,452,858	)		(9,557,926	)		(95,310	)
Net assets at beginning of year		28,355,664			41,542,657			67,684,757			5,647,873
Net assets at end of year	$	27,911,161		$	34,690,366		$	61,652,222		$	6,314,881

Accumulation unit activity
Units outstanding at beginning of year		13,760,204			30,264,608			33,099,254			6,144,799
Contract purchase payments		161,646			352,885			1,074,420			325,393
Net transfers⁽¹⁾		146,966			(2,453,705	)		(2,427,645	)		369,914
Transfers for policy loans		7,109			21,171			7,182			478
Contract charges		(9,972	)		(41,327	)		(16,644	)		(2,850	)
Contract terminations:
Surrender benefits		(1,260,141	)		(3,125,332	)		(3,189,657	)		(814,343	)
Death benefits		(212,987	)		(288,128	)		(206,125	)		(3,974	)
Units outstanding at end of year		12,592,825			24,730,172			28,340,785			6,019,417

⁽¹⁾	Includes transfer activity from (to) other divisions and transfers from (to) RiverSource Life’s fixed account.

See accompanying notes to financial statements.



66		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

Notes to Financial Statements

1. ORGANIZATION

RiverSource Variable Account 10 (the Account) was established under Minnesota law as a segregated asset account of RiverSource Life Insurance Company (RiverSource Life). The Account is registered as a unit investment trust under the Investment Company Act of 1940, as amended (the 1940 Act) and exists in accordance with the rules and regulations of the Insurance Division, Department of Commerce of the State of Minnesota.

The Account is used as a funding vehicle for RiverSource^® Retirement Advisor Variable Annuity– Band 3 (RAVA Band 3) contracts issued by RiverSource Life.

The Account is comprised of various divisions. Each division invests exclusively in shares of the following funds or portfolios (collectively, the Funds), which are registered under the 1940 Act as open-end management investment companies. The name of each Fund offered through RAVA Band 3 contracts and the corresponding division name are provided below. There are various other divisions offered in the Account that are not available under RAVA Band 3 contracts. Each division is comprised of subaccounts. Individual variable annuity accounts invest in subaccounts. For each division, the financial statements are comprised of a statement of assets and liabilities as of Dec. 31, 2017, a related statement of operations for the year then ended and statements of changes in net assets for each of the two years in the period then ended, all presented to reflect a full twelve month period except as noted below. These financial statements are of the Divisions of the Account offered through RAVA Band 3.


Division		Fund
AB VPS Dyn Asset Alloc, Cl B		AB VPS Dynamic Asset Allocation Portfolio (Class B)
AB VPS Global Thematic Gro, Cl B		AB VPS Global Thematic Growth Portfolio (Class B)
AB VPS Gro & Inc, Cl B		AB VPS Growth and Income Portfolio (Class B)
AB VPS Intl Val, Cl B		AB VPS International Value Portfolio (Class B)
ALPS Alerian Engy Infr, Class III		ALPS/Alerian Energy Infrastructure Portfolio: Class III
AC VP Intl, Cl I		American Century VP International, Class I
AC VP Mid Cap Val, Cl II		American Century VP Mid Cap Value, Class II
AC VP Ultra, Cl II		American Century VP Ultra^®, Class II
AC VP Val, Cl I		American Century VP Value, Class I
BlackRock Global Alloc, Cl III		BlackRock Global Allocation V.I. Fund (Class III)
Calvert VP SRI Bal, Cl I		Calvert VP SRI Balanced Portfolio – Class I
Col VP Bal, Cl 3		Columbia Variable Portfolio – Balanced Fund (Class 3)
Col VP Commodity Strategy, Cl 2		Columbia Variable Portfolio – Commodity Strategy Fund (Class 2)
Col VP Contrarian Core, Cl 2		Columbia Variable Portfolio – Contrarian Core Fund (Class 2)
Col VP Disciplined Core, Cl 3		Columbia Variable Portfolio – Disciplined Core Fund (Class 3)
Col VP Div Abs Return, Cl 2		Columbia Variable Portfolio – Diversified Absolute Return Fund (Class 2)
Col VP Divd Opp, Cl 3		Columbia Variable Portfolio – Dividend Opportunity Fund (Class 3)
Col VP Emerg Mkts Bond, Cl 2		Columbia Variable Portfolio – Emerging Markets Bond Fund (Class 2)
Col VP Emer Mkts, Cl 3		Columbia Variable Portfolio – Emerging Markets Fund (Class 3)
Col VP Global Bond, Cl 3		Columbia Variable Portfolio – Global Bond Fund (Class 3)
Col VP Govt Money Mkt, Cl 3		Columbia Variable Portfolio – Government Money Market Fund (Class 3)
Col VP Hi Yield Bond, Cl 3		Columbia Variable Portfolio – High Yield Bond Fund (Class 3)
Col VP Inc Opp, Cl 3		Columbia Variable Portfolio – Income Opportunities Fund (Class 3)
Col VP Inter Bond, Cl 3		Columbia Variable Portfolio – Intermediate Bond Fund (Class 3)
Col VP Lg Cap Gro, Cl 3		Columbia Variable Portfolio – Large Cap Growth Fund (Class 3)
Col VP Lg Cap Index, Cl 3		Columbia Variable Portfolio – Large Cap Index Fund (Class 3)
Col VP Limited Duration Cr, Cl 2		Columbia Variable Portfolio – Limited Duration Credit Fund (Class 2)
Col VP Long Govt/Cr Bond, Cl 2		Columbia Variable Portfolio – Long Government/Credit Bond Fund (Class 2)
Col VP Mid Cap Gro, Cl 3		Columbia Variable Portfolio – Mid Cap Growth Fund (Class 3)
Col VP Mid Cap Val, Cl 3		Columbia Variable Portfolio – Mid Cap Value Fund (Class 3)
Col VP Overseas Core, Cl 3		Columbia Variable Portfolio – Overseas Core Fund (Class 3) (previously Columbia Variable Portfolio – Select International Equity Fund (Class 3))
Col VP Select Lg Cap Val, Cl 3		Columbia Variable Portfolio – Select Large-Cap Value Fund (Class 3)
Col VP Select Sm Cap Val, Cl 3		Columbia Variable Portfolio – Select Smaller-Cap Value Fund (Class 3)
Col VP US Govt Mtge, Cl 3		Columbia Variable Portfolio – U.S. Government Mortgage Fund (Class 3)
CS Commodity Return		Credit Suisse Trust – Commodity Return Strategy Portfolio
CTIVP AQR Man Fut Strategy, Cl 2		CTIVP^SM – AQR Managed Futures Strategy Fund (Class 2) (previously Variable Portfolio – AQR Managed Futures Strategy Fund (Class 2))
CTIVP BR Gl Infl Prot Sec, Cl 3		CTIVP^SM – BlackRock Global Inflation-Protected Securities Fund (Class 3) (previously Variable Portfolio – BlackRock Global Inflation-Protected Securities Fund (Class 3))
CTIVP Lazard Intl Eq Adv, Cl 2		CTIVP^SM – Lazard International Equity Advantage Fund (Class 2) (previously Variable Portfolio – Lazard International Equity Advantage Fund (Class 2))



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			67


Division		Fund
CTIVP Loomis Sayles Gro, Cl 1		CTIVP^SM – Loomis Sayles Growth Fund (Class 1)^(1),(2) (previously Variable Portfolio – Loomis Sayles Growth Fund (Class 1))
CTIVP MFS Blend Res Core Eq, Cl 3		CTIVP^SM – MFS^® Blended Research^® Core Equity Fund (Class 3) (previously Variable Portfolio – MFS^® Blended Research^® Core Equity Fund (Class 3))
CTIVP Vty Sycamore Estb Val, Cl 3		CTIVP^SM – Victory Sycamore Established Value Fund (Class 3) (previously Variable Portfolio – Victory Sycamore Established Value Fund (Class 3))
CTIVP WF Short Duration Govt, Cl 2		CTIVP^SM – Wells Fargo Short Duration Government Fund (Class 2) (previously Variable Portfolio – Wells Fargo Short Duration Government Fund (Class 2))
Deutsche Alt Asset Alloc VIP, Cl B		Deutsche Alternative Asset Allocation VIP, Class B
EV VT Floating-Rate Inc, Init Cl		Eaton Vance VT Floating-Rate Income Fund – Initial Class
Fid VIP Contrafund, Serv Cl 2		Fidelity^® VIP Contrafund^® Portfolio Service Class 2
Fid VIP Gro & Inc, Serv Cl		Fidelity^® VIP Growth & Income Portfolio Service Class
Fid VIP Mid Cap, Serv Cl		Fidelity^® VIP Mid Cap Portfolio Service Class
Fid VIP Overseas, Serv Cl		Fidelity^® VIP Overseas Portfolio Service Class
Fid VIP Strategic Inc, Serv Cl 2		Fidelity^® VIP Strategic Income Portfolio Service Class 2
Frank Global Real Est, Cl 2		Franklin Global Real Estate VIP Fund – Class 2
Frank Inc, Cl 2		Franklin Income VIP Fund – Class 2
Frank Sm Cap Val, Cl 2		Franklin Small Cap Value VIP Fund – Class 2
GS VIT Mid Cap Val, Inst		Goldman Sachs VIT Mid Cap Value Fund – Institutional Shares
GS VIT Multi-Strategy Alt, Advisor		Goldman Sachs VIT Multi-Strategy Alternatives Portfolio – Advisor Shares
GS VIT Sm Cap Eq Insights, Inst		Goldman Sachs VIT Small Cap Equity Insights Fund – Institutional Shares
GS VIT U.S. Eq Insights, Inst		Goldman Sachs VIT U.S. Equity Insights Fund – Institutional Shares
Invesco VI Am Fran, Ser I		Invesco V.I. American Franchise Fund, Series I Shares
Invesco VI Bal Risk Alloc, Ser II		Invesco V.I. Balanced-Risk Allocation Fund, Series II Shares
Invesco VI Comstock, Ser II		Invesco V.I. Comstock Fund, Series II Shares
Invesco VI Hlth, Ser II		Invesco V.I. Health Care Fund, Series II Shares (previously Invesco V.I. Global Health Care Fund, Series II Shares)
Invesco VI Intl Gro, Ser II		Invesco V.I. International Growth Fund, Series II Shares
Invesco VI Mid Cap Gro, Ser I		Invesco V.I. Mid Cap Growth Fund, Series I Shares
Ivy VIP Asset Strategy		Ivy VIP Asset Strategy
Janus Henderson Enterprise, Serv		Janus Henderson Enterprise Portfolio: Service Shares (previously Janus Aspen Series Enterprise Portfolio: Service Shares)
Janus Henderson Flex Bond, Serv		Janus Henderson Flexible Bond Portfolio: Service Shares (previously Janus Aspen Series Flexible Bond Portfolio: Service Shares)
Janus Henderson Gbl Alloc Mod, Srv		Janus Henderson Global Allocation Portfolio – Moderate: Service Shares⁽³⁾ (previously Janus Aspen Series Global Allocation Portfolio – Moderate: Service Shares)
Janus Henderson Global Tech, Serv		Janus Henderson Global Technology Portfolio: Service Shares (previously Janus Aspen Series Global Technology Portfolio: Service Shares)
Janus Henderson Overseas, Serv		Janus Henderson Overseas Portfolio: Service Shares (previously Janus Aspen Series Overseas Portfolio: Service Shares)
Janus Henderson Res, Serv		Janus Henderson Research Portfolio: Service Shares (previously Janus Aspen Series Research Portfolio: Service Shares)
Lazard Ret Global Dyn MA, Serv		Lazard Retirement Global Dynamic Multi-Asset Portfolio – Service Shares
MFS Mass Inv Gro Stock, Serv Cl		MFS^® Massachusetts Investors Growth Stock Portfolio – Service Class
MFS New Dis, Serv Cl		MFS^® New Discovery Series – Service Class
MFS Utilities, Serv Cl		MFS^® Utilities Series – Service Class
MS VIF Global Real Est, Cl II		Morgan Stanley VIF Global Real Estate Portfolio, Class II Shares
MS VIF Mid Cap Gro, Cl II		Morgan Stanley VIF Mid Cap Growth Portfolio, Class II Shares
NB AMT Intl Eq, Cl S		Neuberger Berman AMT International Equity Portfolio (Class S)
NB AMT US Eq Index PW Strat, Cl S		Neuberger Berman AMT U.S. Equity Index PutWrite Strategy Portfolio (Class S)
Oppen Global VA, Serv		Oppenheimer Global Fund/VA, Service Shares
Oppen Global Strategic Inc VA, Srv		Oppenheimer Global Strategic Income Fund/VA, Service Shares
Oppen Main St Sm Cap VA, Serv		Oppenheimer Main Street Small Cap Fund^®/VA, Service Shares
PIMCO VIT All Asset, Advisor Cl		PIMCO VIT All Asset Portfolio, Advisor Class
PIMCO VIT Glb MA Man Alloc, Adv Cl		PIMCO VIT Global Multi-Asset Managed Allocation Portfolio, Advisor Class
PIMCO VIT Tot Return, Advisor Cl		PIMCO VIT Total Return Portfolio, Advisor Class
Put VT Sus Leaders, Cl IB		Putnam VT Sustainable Leaders Fund – Class IB Shares (previously Putnam VT Multi-Cap Growth Fund – Class IB Shares)
Royce Micro-Cap, Invest Cl		Royce Capital Fund – Micro-Cap Portfolio, Investment Class
Temp Global Bond, Cl 2		Templeton Global Bond VIP Fund – Class 2
Third Ave Val		Third Avenue Value Portfolio
VanEck VIP Global Gold, Cl S		VanEck VIP Global Gold Fund (Class S Shares)
VP Aggr, Cl 2		Variable Portfolio – Aggressive Portfolio (Class 2)
VP Aggr, Cl 4		Variable Portfolio – Aggressive Portfolio (Class 4)
VP Conserv, Cl 2		Variable Portfolio – Conservative Portfolio (Class 2)



68		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Division		Fund
VP Conserv, Cl 4		Variable Portfolio – Conservative Portfolio (Class 4)
VP Man Risk, Cl 2		Variable Portfolio – Managed Risk Fund (Class 2)⁽⁴⁾(previously Columbia Variable Portfolio – Managed Risk Fund (Class 2))
VP Man Risk US, Cl 2		Variable Portfolio – Managed Risk U.S. Fund (Class 2)⁽⁴⁾ (previously Columbia Variable Portfolio – Managed Risk U.S. Fund (Class 2))
VP Man Vol Conserv, Cl 2		Variable Portfolio – Managed Volatility Conservative Fund (Class 2) (previously Columbia Variable Portfolio – Managed Volatility Conservative Fund (Class 2))
VP Man Vol Conserv Gro, Cl 2		Variable Portfolio – Managed Volatility Conservative Growth Fund (Class 2) (previously Columbia Variable Portfolio – Managed Volatility Conservative Growth Fund (Class 2))
VP Man Vol Gro, Cl 2		Variable Portfolio – Managed Volatility Growth Fund (Class 2) (previously Columbia Variable Portfolio – Managed Volatility Growth Fund (Class 2))
VP Man Vol Mod Gro, Cl 2		Variable Portfolio – Managed Volatility Moderate Growth Fund (Class 2) (previously Columbia Variable Portfolio – Managed Volatility Moderate Growth Fund (Class 2))
VP Mod, Cl 2		Variable Portfolio – Moderate Portfolio (Class 2)
VP Mod, Cl 4		Variable Portfolio – Moderate Portfolio (Class 4)
VP Mod Aggr, Cl 2		Variable Portfolio – Moderately Aggressive Portfolio (Class 2)
VP Mod Aggr, Cl 4		Variable Portfolio – Moderately Aggressive Portfolio (Class 4)
VP Mod Conserv, Cl 2		Variable Portfolio – Moderately Conservative Portfolio (Class 2)
VP Mod Conserv, Cl 4		Variable Portfolio – Moderately Conservative Portfolio (Class 4)
VP Ptnrs Sm Cap Val, Cl 3		Variable Portfolio – Partners Small Cap Value Fund (Class 3)
VP US Flex Conserv Gro, Cl 2		Variable Portfolio – U.S. Flexible Conservative Growth Fund (Class 2)⁽⁵⁾ (previously Columbia Variable Portfolio – U.S. Flexible Conservative Growth Fund (Class 2))
VP US Flex Gro, Cl 2		Variable Portfolio – U.S. Flexible Growth Fund (Class 2)⁽⁵⁾ (previously Columbia Variable Portfolio – U.S. Flexible Growth Fund (Class 2))
VP US Flex Mod Gro, Cl 2		Variable Portfolio – U.S. Flexible Moderate Growth Fund (Class 2)⁽⁵⁾ (previously Columbia Variable Portfolio – U.S. Flexible Moderate Growth Fund (Class 2))
Wanger Intl		Wanger International
Wanger USA		Wanger USA
WF VT Index Asset Alloc, Cl 2		Wells Fargo VT Index Asset Allocation Fund – Class 2
WF VT Intl Eq, Cl 2		Wells Fargo VT International Equity Fund – Class 2
WF VT Sm Cap Gro, Cl 2		Wells Fargo VT Small Cap Growth Fund – Class 2
WA Var Global Hi Yd Bond, Cl II		Western Asset Variable Global High Yield Bond Portfolio – Class II

⁽¹⁾	Variable Portfolio – Loomis Sayles Growth Fund II (Class 1) merged into CTIVP^SM – Loomis Sayles Growth Fund (Class 1) (previously Variable Portfolio – Loomis Sayles Growth Fund (Class 1)) on April 29, 2016.

⁽²⁾	For the period April 29, 2016 (commencement of operations) to Dec. 31, 2016.

⁽³⁾	Janus Henderson Global Allocation Portfolio – Moderate: Service Shares (previously Janus Aspen Series Global Allocation Portfolio – Moderate: Service Shares) merged into Janus Henderson Balanced Portfolio: Service Shares on April 27, 2018.

⁽⁴⁾	For the period Sept. 18, 2017 (commencement of operations) to Dec. 31, 2017.

⁽⁵⁾	Effective Sept. 18, 2017, the Fund option became available under RAVA Band 3.

The assets of each division of the Account are not chargeable with liabilities arising out of the business conducted by any other segregated asset account or by RiverSource Life.

RiverSource Life serves as issuer of the contract.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Investments in the Funds

Investment transactions are accounted for on the date the shares are purchased and sold. Realized gains and losses on the sales of investments are computed using the average cost method. Income from dividends and gains from realized capital gain distributions are reinvested in additional shares of the Funds and are recorded as income by the divisions on the ex-dividend date.

Unrealized appreciation or depreciation of investments in the accompanying financial statements represents the division’s share of the Funds’ undistributed net investment income, undistributed realized gain or loss and the unrealized appreciation or depreciation on their investment securities.

The Account categorizes its fair value measurements according to a three-level hierarchy. This hierarchy prioritizes the inputs used by the Account to value investment securities. A level is assigned to each fair value measurement based on the lowest level input that is significant to the fair value measurement in its entirety. The three levels of the fair value hierarchy are defined as follows:

Level 1 – Unadjusted quoted prices for identical assets or liabilities in active markets that are accessible at the measurement date.

Level 2 – Prices or valuations based on observable inputs other than quoted prices in active markets for identical assets and liabilities.

Level 3 – Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable.



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			69

The Funds in the Accounts have been measured at fair value using the net asset value per share (or its equivalent) as a practical expedient and are therefore not categorized in the fair value hierarchy. There were no transfers between levels in the period ended Dec. 31, 2017.

Variable Payout

Net assets allocated to contracts in the payout period are periodically compared to a computation which uses the Annuity 2000 Basic Mortality Table and which assumes future mortality improvement. The assumed investment return is 3.5% or 5% based on the annuitant’s election, or as regulated by the laws of the respective states. The mortality risk is fully borne by RiverSource Life and may result in additional amounts being transferred into the variable annuity account by RiverSource Life to cover greater longevity of annuitants than expected. Conversely, if amounts allocated exceed amounts required, transfers may be made to the insurance company.

Federal Income Taxes

RiverSource Life is taxed as a life insurance company. The Account is treated as part of RiverSource Life for federal income tax purposes. Under existing federal income tax law, no income taxes are payable with respect to any investment income of the Account to the extent the earnings are credited under the contracts. Based on this, no charge is being made currently to the Account for federal income taxes. RiverSource Life will review periodically the status of this policy. In the event of changes in the tax law, a charge may be made in future years for any federal income taxes that would be attributable to the contracts.

Subsequent Events

Management has evaluated Account related events and transactions that occurred through the date the financial statements were issued. Management noted there were no items requiring adjustments or additional disclosures in the Account’s financial statements.

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results could differ from those estimates.

3. VARIABLE ACCOUNT EXPENSES

For RAVA Band 3 contracts, RiverSource Life deducts a daily mortality and expense risk fee equal, on an annual basis, to 0.55% of the average daily net assets of each subaccount. The financial statements include other subaccounts that are not offered through RAVA Band 3 contracts.

4. CONTRACT CHARGES

RiverSource Life deducts a contract administrative charge of $30 per year on the contract anniversary. This charge reimburses RiverSource Life for expenses incurred in establishing and maintaining the annuity records. Certain products may waive this charge based upon the underlying contract value.

Optional riders are available on this product and if selected, the related fees are deducted annually from the contract value on the contract anniversary. Additional information can be found in the product prospectus.

5. SURRENDER CHARGES

There is no charge if you surrender all or part of your contract during the accumulation phase.

6. RELATED PARTY TRANSACTIONS

RiverSource Life is a wholly-owned subsidiary of Ameriprise Financial, Inc. (Ameriprise Financial).

The following table reflects fees paid by certain affiliated funds to Ameriprise Financial and its affiliates. Additional details about these asset based charges can be found in the respective Fund’s annual report or prospectus.


Fee Agreement:		Fees Paid To:
Management Agreement		Columbia Management Investment Advisers, LLC
Shareholder Services Agreement⁽¹⁾		Columbia Management Investment Services Corp.
Transfer and Dividend Disbursing Agent Agreement⁽²⁾		Columbia Management Investment Services Corp.
Plan and Agreement of Distribution		Columbia Management Investment Distributors, Inc.
Investment Advisory Agreement		Columbia Wanger Asset Management, LLC
Administrative Services Agreement		Columbia Wanger Asset Management, LLC

⁽¹⁾	Effective July 1, 2017.

⁽²⁾	Eliminated effective July 1, 2017.



70		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

7. INVESTMENT TRANSACTIONS

The divisions’ purchases of Funds’ shares, including reinvestment of dividend distributions, for the year ended Dec. 31, 2017 were as follows:


Division	Purchases
AB VPS Dyn Asset Alloc, Cl B	$	2,158,021
AB VPS Global Thematic Gro, Cl B		1,852,414
AB VPS Gro & Inc, Cl B		10,156,385
AB VPS Intl Val, Cl B		4,635,240
ALPS Alerian Engy Infr, Class III		9,841,831
AC VP Intl, Cl I		371,192
AC VP Mid Cap Val, Cl II		13,104,090
AC VP Ultra, Cl II		4,780,537
AC VP Val, Cl I		1,334,051
BlackRock Global Alloc, Cl III		13,322,735
Calvert VP SRI Bal, Cl I		1,470,797
Col VP Bal, Cl 3		58,435,586
Col VP Commodity Strategy, Cl 2		1,989,639
Col VP Contrarian Core, Cl 2		18,507,240
Col VP Disciplined Core, Cl 3		1,342,615
Col VP Div Abs Return, Cl 2		685,583
Col VP Divd Opp, Cl 3		3,089,968
Col VP Emerg Mkts Bond, Cl 2		6,984,264
Col VP Emer Mkts, Cl 3		7,067,922
Col VP Global Bond, Cl 3		2,902,036
Col VP Govt Money Mkt, Cl 3		32,547,780
Col VP Hi Yield Bond, Cl 3		19,761,477
Col VP Inc Opp, Cl 3		15,548,881
Col VP Inter Bond, Cl 3		23,942,211
Col VP Lg Cap Gro, Cl 3		3,007,400
Col VP Lg Cap Index, Cl 3		48,165,289
Col VP Limited Duration Cr, Cl 2		14,254,015
Col VP Long Govt/Cr Bond, Cl 2		4,281,952
Col VP Mid Cap Gro, Cl 3		1,629,455
Col VP Mid Cap Val, Cl 3		945,612
Col VP Overseas Core, Cl 3		3,613,983
Col VP Select Lg Cap Val, Cl 3		7,417,480
Col VP Select Sm Cap Val, Cl 3		1,433,879
Col VP US Govt Mtge, Cl 3		6,294,778
CS Commodity Return		3,417,194
CTIVP AQR Man Fut Strategy, Cl 2		3,142,151
CTIVP BR Gl Infl Prot Sec, Cl 3		10,494,448
CTIVP Lazard Intl Eq Adv, Cl 2		10,275,298
CTIVP Loomis Sayles Gro, Cl 1		4,706,715
CTIVP MFS Blend Res Core Eq, Cl 3		881,101
CTIVP Vty Sycamore Estb Val, Cl 3		7,981,192
CTIVP WF Short Duration Govt, Cl 2		13,221,780
Deutsche Alt Asset Alloc VIP, Cl B		2,380,417
EV VT Floating-Rate Inc, Init Cl		11,753,240
Fid VIP Contrafund, Serv Cl 2		47,254,006
Fid VIP Gro & Inc, Serv Cl		2,096,717
Fid VIP Mid Cap, Serv Cl		4,885,532
Fid VIP Overseas, Serv Cl		984,916
Fid VIP Strategic Inc, Serv Cl 2		49,651,805
Frank Global Real Est, Cl 2		4,507,514
Frank Inc, Cl 2		13,268,602
Frank Sm Cap Val, Cl 2		18,803,802
GS VIT Mid Cap Val, Inst		9,629,078
GS VIT Multi-Strategy Alt, Advisor		1,443,240
GS VIT Sm Cap Eq Insights, Inst		1,208,156
GS VIT U.S. Eq Insights, Inst		17,365,601
Invesco VI Am Fran, Ser I		1,384,905
Invesco VI Bal Risk Alloc, Ser II		15,315,343


Division	Purchases
Invesco VI Comstock, Ser II	$	10,946,169
Invesco VI Hlth, Ser II		4,821,296
Invesco VI Intl Gro, Ser II		4,455,860
Invesco VI Mid Cap Gro, Ser I		1,595,270
Ivy VIP Asset Strategy		1,146,714
Janus Henderson Enterprise, Serv		1,789,912
Janus Henderson Flex Bond, Serv		11,315,616
Janus Henderson Gbl Alloc Mod, Srv		1,615,962
Janus Henderson Global Tech, Serv		2,828,355
Janus Henderson Overseas, Serv		767,018
Janus Henderson Res, Serv		2,981,181
Lazard Ret Global Dyn MA, Serv		3,549,638
MFS Mass Inv Gro Stock, Serv Cl		4,850,463
MFS New Dis, Serv Cl		921,598
MFS Utilities, Serv Cl		14,192,170
MS VIF Global Real Est, Cl II		2,513,335
MS VIF Mid Cap Gro, Cl II		4,900,955
NB AMT Intl Eq, Cl S		1,506,330
NB AMT US Eq Index PW Strat, Cl S		1,001,959
Oppen Global VA, Serv		14,619,873
Oppen Global Strategic Inc VA, Srv		13,349,263
Oppen Main St Sm Cap VA, Serv		18,532,616
PIMCO VIT All Asset, Advisor Cl		8,089,660
PIMCO VIT Glb MA Man Alloc, Adv Cl		890,197
PIMCO VIT Tot Return, Advisor Cl		16,243,261
Put VT Sus Leaders, Cl IB		3,343,660
Royce Micro-Cap, Invest Cl		2,020,252
Temp Global Bond, Cl 2		9,323,196
Third Ave Val		371,318
VanEck VIP Global Gold, Cl S		4,887,607
VP Aggr, Cl 2		69,544,902
VP Aggr, Cl 4		16,673,638
VP Conserv, Cl 2		48,739,485
VP Conserv, Cl 4		36,490,916
VP Man Risk, Cl 2		17,044,753
VP Man Risk US, Cl 2		10,445,241
VP Man Vol Conserv, Cl 2		103,669,155
VP Man Vol Conserv Gro, Cl 2		100,637,886
VP Man Vol Gro, Cl 2		787,474,747
VP Man Vol Mod Gro, Cl 2		540,949,778
VP Mod, Cl 2		193,333,819
VP Mod, Cl 4		16,642,474
VP Mod Aggr, Cl 2		96,632,318
VP Mod Aggr, Cl 4		24,038,592
VP Mod Conserv, Cl 2		74,474,874
VP Mod Conserv, Cl 4		22,732,311
VP Ptnrs Sm Cap Val, Cl 3		1,420,793
VP US Flex Conserv Gro, Cl 2		69,314,805
VP US Flex Gro, Cl 2		694,817,576
VP US Flex Mod Gro, Cl 2		542,872,955
Wanger Intl		9,141,891
Wanger USA		44,974,554
WF VT Index Asset Alloc, Cl 2		2,569,873
WF VT Intl Eq, Cl 2		5,647,808
WF VT Sm Cap Gro, Cl 2		9,685,101
WA Var Global Hi Yd Bond, Cl II		5,393,569



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			71

8. ACCUMULATION UNIT VALUES, UNITS OUTSTANDING AND NET ASSETS

The following is a summary of accumulation unit values at Dec. 31, 2017:


Subaccount	AB VPS Dyn Asset Alloc, Cl B		AB VPS Global Thematic Gro, Cl B		AB VPS Gro & Inc, Cl B		AB VPS Intl Val, Cl B		ALPS Alerian Engy Infr, Class III
0.55%	$	1.27	$	1.91	$	2.55	$	2.23	$	1.01
0.60%		1.27		—		—		—		1.01
0.75%		1.26		1.86		2.47		2.15		1.00
0.85%		1.25		1.86		2.21		1.05		1.00
0.95%		1.25		1.81		2.39		2.08		0.99
1.00%		1.25		1.80		2.58		2.15		0.99
1.05%		1.24		1.82		2.16		1.03		0.99
1.10%		1.24		1.81		2.14		1.02		0.99
1.15%		1.24		—		—		—		0.99
1.20%		1.23		1.76		2.50		2.09		0.98
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.23		1.78		2.11		1.00		0.98
1.30%		1.23		1.77		2.09		1.00		0.98
1.35%		1.23		—		—		—		0.98
1.40%		1.22		—		—		—		0.97
1.45%		1.22		1.74		2.06		0.98		0.97
1.50%		1.22		—		—		—		0.97
1.55%		1.21		—		—		—		0.97
1.60%		1.21		—		—		—		0.96
1.65%		1.21		—		—		—		0.96
1.70%		1.20		—		—		—		0.96
1.75%		1.20		—		—		—		0.96
1.80%		1.20		—		—		—		0.96
1.85%		1.20		—		—		—		0.95
1.90%		1.19		—		—		—		0.95

Subaccount	AC VP Intl, Cl I		AC VP Mid Cap Val, Cl II		AC VP Ultra, Cl II		AC VP Val, Cl I		BlackRock Global Alloc, Cl III
0.55%	$	1.88	$	2.34	$	2.60	$	3.66	$	1.37
0.60%		—		—		—		—		1.36
0.75%		1.82		2.29		2.53		3.53		1.35
0.85%		—		2.81		2.62		—		1.34
0.95%		1.75		2.24		2.47		3.40		1.34
1.00%		—		2.23		2.46		—		1.33
1.05%		—		2.75		2.56		—		1.33
1.10%		—		2.73		2.55		—		1.33
1.15%		—		—		—		—		1.32
1.20%		—		2.18		2.40		—		1.32
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		2.69		2.51		—		1.31
1.30%		—		2.67		2.49		—		1.31
1.35%		—		—		—		—		1.31
1.40%		—		—		—		—		1.30
1.45%		—		2.62		2.45		—		1.30
1.50%		—		—		—		—		1.30
1.55%		—		—		—		—		1.29
1.60%		—		—		—		—		1.29
1.65%		—		—		—		—		1.28
1.70%		—		—		—		—		1.28
1.75%		—		—		—		—		1.28
1.80%		—		—		—		—		1.27
1.85%		—		—		—		—		1.27
1.90%		—		—		—		—		1.27



72		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	Calvert VP SRI Bal, Cl I		Col VP Bal, Cl 3		Col VP Commodity Strategy, Cl 2		Col VP Contrarian Core, Cl 2		Col VP Disciplined Core, Cl 3
0.55%	$	1.87	$	2.27	$	0.62	$	1.82	$	1.97
0.60%		—		1.67		0.62		1.81		—
0.75%		1.80		2.19		0.62		1.80		1.90
0.85%		—		1.99		0.61		1.79		2.27
0.95%		1.74		2.11		0.61		1.78		1.83
1.00%		1.97		2.34		0.61		1.78		2.33
1.05%		—		1.94		0.61		1.77		2.22
1.10%		—		1.93		0.61		1.77		2.21
1.15%		—		1.63		0.60		1.77		—
1.20%		1.91		2.27		0.60		1.76		2.44
1.25%		—		—		—		—		—
1.25%		—		1.90		—		—		2.17
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		3.15		—		—		2.89
1.25%		—		—		0.60		1.76		—
1.30%		—		1.89		0.60		1.75		2.16
1.35%		—		2.01		0.60		1.75		—
1.40%		—		2.01		0.60		1.74		—
1.45%		—		1.85		0.60		1.74		2.12
1.50%		—		1.59		0.59		1.74		—
1.55%		—		1.98		0.59		1.73		—
1.60%		—		1.98		0.59		1.73		—
1.65%		—		1.97		0.59		1.72		—
1.70%		—		1.96		0.59		1.72		—
1.75%		—		1.95		0.59		1.72		—
1.80%		—		1.95		0.59		1.71		—
1.85%		—		1.56		0.58		1.71		—
1.90%		—		1.56		0.58		1.70		—

Subaccount	Col VP Div Abs Return, Cl 2		Col VP Divd Opp, Cl 3		Col VP Emerg Mkts Bond, Cl 2		Col VP Emer Mkts, Cl 3		Col VP Global Bond, Cl 3
0.55%	$	0.90	$	3.13	$	1.10	$	3.40	$	1.78
0.60%		0.90		—		1.10		—		—
0.75%		0.90		3.04		1.09		3.23		1.72
0.85%		0.89		1.87		1.09		2.10		1.24
0.95%		0.89		2.93		1.08		3.12		1.65
1.00%		0.89		2.97		1.08		4.15		1.60
1.05%		0.88		1.83		1.08		2.05		1.21
1.10%		0.88		1.82		1.07		2.04		1.21
1.15%		0.88		—		1.07		—		—
1.20%		0.88		2.85		1.07		4.02		1.55
1.25%		—		2.78		—		2.52		—
1.25%		—		1.79		—		2.00		1.19
1.25%		—		—		—		—		—
1.25%		—		—		—		—		1.73
1.25%		—		—		—		—		—
1.25%		0.87		—		1.07		—		—
1.30%		0.87		1.78		1.06		1.99		1.18
1.35%		0.87		—		1.06		—		—
1.40%		0.87		—		1.06		—		—
1.45%		0.87		1.75		1.06		1.95		1.16
1.50%		0.86		—		1.05		—		—
1.55%		0.86		—		1.05		—		—
1.60%		0.86		—		1.05		—		—
1.65%		0.86		—		1.05		—		—
1.70%		0.86		—		1.04		—		—
1.75%		0.85		—		1.04		—		—
1.80%		0.85		—		1.04		—		—
1.85%		0.85		—		1.04		—		—
1.90%		0.85		—		1.03		—		—



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			73


Subaccount	Col VP Govt Money Mkt, Cl 3		Col VP Hi Yield Bond, Cl 3		Col VP Inc Opp, Cl 3		Col VP Inter Bond, Cl 3		Col VP Lg Cap Gro, Cl 3
0.55%	$	1.19	$	2.77	$	2.25	$	2.01	$	1.55
0.60%		—		—		—		—		—
0.75%		1.15		2.67		2.19		1.93		1.51
0.85%		1.00		2.07		2.03		1.50		2.32
0.95%		1.11		2.57		2.13		1.87		1.46
1.00%		1.01		2.73		2.12		1.63		2.35
1.05%		0.98		2.02		1.98		1.46		2.27
1.10%		0.97		2.01		1.97		1.46		2.26
1.15%		—		—		—		—		—
1.20%		0.98		2.65		2.06		1.58		2.28
1.25%		—		—		—		—		—
1.25%		0.96		1.98		—		1.43		—
1.25%		—		—		—		—		—
1.25%		—		2.81		—		—		—
1.25%		1.19		—		—		1.98		—
1.25%		—		—		1.94		—		2.22
1.30%		0.95		1.97		1.92		1.42		2.20
1.35%		—		—		—		—		—
1.40%		—		—		—		—		—
1.45%		0.93		1.93		1.89		1.40		2.17
1.50%		—		—		—		—		—
1.55%		—		—		—		—		—
1.60%		—		—		—		—		—
1.65%		—		—		—		—		—
1.70%		—		—		—		—		—
1.75%		—		—		—		—		—
1.80%		—		—		—		—		—
1.85%		—		—		—		—		—
1.90%		—		—		—		—		—

Subaccount	Col VP Lg Cap Index, Cl 3		Col VP Limited Duration Cr, Cl 2		Col VP Long Govt/Cr Bond, Cl 2		Col VP Mid Cap Gro, Cl 3		Col VP Mid Cap Val, Cl 3
0.55%	$	2.16	$	0.98	$	1.12	$	2.68	$	2.78
0.60%		2.02		1.06		1.12		—		—
0.75%		2.10		0.97		1.11		2.55		2.70
0.85%		2.38		1.10		1.10		2.18		2.14
0.95%		2.03		1.09		1.10		2.47		2.63
1.00%		2.66		0.96		1.10		2.53		2.61
1.05%		2.32		1.08		1.09		2.13		2.09
1.10%		2.31		1.08		1.09		2.12		2.08
1.15%		1.97		1.03		1.09		—		—
1.20%		2.57		1.07		1.09		2.45		2.55
1.25%		—		—		—		—		—
1.25%		—		—		—		2.08		—
1.25%		—		—		—		1.90		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		2.27		1.06		1.08		—		2.05
1.30%		2.25		1.06		1.08		2.07		2.03
1.35%		2.56		1.06		1.08		—		—
1.40%		2.55		1.05		1.08		—		—
1.45%		2.22		1.05		1.07		2.03		2.00
1.50%		1.93		1.01		1.07		—		—
1.55%		2.52		1.04		1.07		—		—
1.60%		2.51		1.04		1.07		—		—
1.65%		2.50		1.03		1.06		—		—
1.70%		2.49		1.03		1.06		—		—
1.75%		2.48		1.02		1.06		—		—
1.80%		2.47		1.02		1.06		—		—
1.85%		1.89		0.99		1.05		—		—
1.90%		1.89		0.99		1.05		—		—



74		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	Col VP Overseas Core, Cl 3		Col VP Select Lg Cap Val, Cl 3		Col VP Select Sm Cap Val, Cl 3		Col VP US Govt Mtge, Cl 3		CS Commodity Return
0.55%	$	1.51	$	2.87	$	3.67	$	1.54	$	0.54
0.60%		—		—		—		—		—
0.75%		1.46		2.79		3.56		1.47		0.53
0.85%		1.51		2.39		2.18		1.20		0.54
0.95%		1.41		2.71		3.43		1.42		0.51
1.00%		2.20		2.69		3.29		1.24		0.51
1.05%		1.48		2.33		2.13		1.17		0.53
1.10%		1.47		2.32		2.12		1.17		0.53
1.15%		—		—		—		—		—
1.20%		2.13		2.62		3.18		1.20		0.50
1.25%		—		—		—		—		—
1.25%		1.44		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.86		—		—		—		—
1.25%		—		2.28		2.09		1.15		0.52
1.30%		1.44		2.27		2.07		1.14		0.52
1.35%		—		—		—		—		—
1.40%		—		—		—		—		—
1.45%		1.41		2.23		2.04		1.12		0.51
1.50%		—		—		—		—		—
1.55%		—		—		—		—		—
1.60%		—		—		—		—		—
1.65%		—		—		—		—		—
1.70%		—		—		—		—		—
1.75%		—		—		—		—		—
1.80%		—		—		—		—		—
1.85%		—		—		—		—		—
1.90%		—		—		—		—		—

Subaccount	CTIVP AQR Man Fut Strategy, Cl 2		CTIVP BR Gl Infl Prot Sec, Cl 3		CTIVP Lazard Intl Eq Adv, Cl 2		CTIVP Loomis Sayles Gro, Cl 1		CTIVP MFS Blend Res Core Eq, Cl 3
0.55%	$	1.00	$	1.56	$	1.27	$	1.40	$	1.95
0.60%		1.00		—		1.27		—		—
0.75%		0.99		1.52		1.26		1.40		1.90
0.85%		0.99		1.48		1.26		1.40		1.93
0.95%		0.98		1.48		1.25		1.39		1.85
1.00%		0.98		1.48		1.25		1.39		1.84
1.05%		0.98		1.44		1.24		1.39		1.89
1.10%		0.97		1.44		1.24		1.39		1.88
1.15%		0.97		—		1.24		—		—
1.20%		0.97		1.44		1.23		1.39		1.80
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		0.97		1.41		1.23		1.39		1.84
1.30%		0.97		1.40		1.23		1.38		1.83
1.35%		0.96		—		1.23		—		—
1.40%		0.96		—		1.22		—		—
1.45%		0.96		1.38		1.22		1.38		1.80
1.50%		0.96		—		1.22		—		—
1.55%		0.95		—		1.22		—		—
1.60%		0.95		—		1.21		—		—
1.65%		0.95		—		1.21		—		—
1.70%		0.95		—		1.21		—		—
1.75%		0.95		—		1.20		—		—
1.80%		0.94		—		1.20		—		—
1.85%		0.94		—		1.20		—		—
1.90%		0.94		—		1.20		—		—



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			75


Subaccount	CTIVP Vty Sycamore Estb Val, Cl 3		CTIVP WF Short Duration Govt, Cl 2		Deutsche Alt Asset Alloc VIP, Cl B		EV VT Floating-Rate Inc, Init Cl		Fid VIP Contrafund, Serv Cl 2
0.55%	$	3.18	$	1.00	$	1.07	$	1.45	$	2.25
0.60%		—		0.99		1.06		—		1.89
0.75%		3.09		0.99		1.05		1.42		2.20
0.85%		2.62		1.00		1.05		1.40		2.31
0.95%		3.00		0.99		1.04		1.39		2.15
1.00%		2.98		0.98		1.04		1.38		2.14
1.05%		2.56		0.98		1.04		1.37		2.26
1.10%		2.54		0.98		1.03		1.36		2.25
1.15%		—		0.96		1.03		—		1.85
1.20%		2.90		0.97		1.03		1.35		2.09
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		2.50		0.97		1.02		1.34		2.21
1.30%		2.48		0.97		1.02		1.33		2.20
1.35%		—		0.96		1.02		—		2.37
1.40%		—		0.96		1.02		—		2.37
1.45%		2.44		0.95		1.01		1.31		2.16
1.50%		—		0.94		1.01		—		1.81
1.55%		—		0.95		1.01		—		2.34
1.60%		—		0.94		1.00		—		2.33
1.65%		—		0.94		1.00		—		2.32
1.70%		—		0.94		1.00		—		2.31
1.75%		—		0.93		0.99		—		2.30
1.80%		—		0.93		0.99		—		2.30
1.85%		—		0.92		0.99		—		1.78
1.90%		—		0.92		0.99		—		1.77

Subaccount	Fid VIP Gro & Inc, Serv Cl		Fid VIP Mid Cap, Serv Cl		Fid VIP Overseas, Serv Cl		Fid VIP Strategic Inc, Serv Cl 2		Frank Global Real Est, Cl 2
0.55%	$	2.45	$	7.48	$	1.84	$	1.14	$	3.20
0.60%		—		—		—		1.13		—
0.75%		2.36		7.21		1.78		1.13		3.08
0.85%		—		—		—		1.12		1.15
0.95%		2.28		6.95		1.71		1.11		2.97
1.00%		—		—		—		1.11		2.21
1.05%		—		—		—		1.11		1.12
1.10%		—		—		—		1.11		1.12
1.15%		—		—		—		1.10		—
1.20%		—		—		—		1.10		2.14
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		1.10		1.09
1.30%		—		—		—		1.10		1.09
1.35%		—		—		—		1.09		—
1.40%		—		—		—		1.09		—
1.45%		—		—		—		1.09		1.06
1.50%		—		—		—		1.09		—
1.55%		—		—		—		1.08		—
1.60%		—		—		—		1.08		—
1.65%		—		—		—		1.08		—
1.70%		—		—		—		1.08		—
1.75%		—		—		—		1.07		—
1.80%		—		—		—		1.07		—
1.85%		—		—		—		1.07		—
1.90%		—		—		—		1.07		—



76		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	Frank Inc, Cl 2		Frank Sm Cap Val, Cl 2		GS VIT Mid Cap Val, Inst		GS VIT Multi-Strategy Alt, Advisor		GS VIT Sm Cap Eq Insights, Inst
0.55%	$	1.28	$	5.28	$	5.29	$	0.96	$	3.82
0.60%		1.27		1.88		—		0.95		—
0.75%		1.27		5.09		5.10		0.95		3.68
0.85%		1.26		2.24		—		0.95		—
0.95%		1.25		4.91		4.92		0.94		3.55
1.00%		1.25		3.71		3.61		0.94		—
1.05%		1.25		2.19		—		0.94		—
1.10%		1.24		2.18		—		0.94		—
1.15%		1.24		1.85		—		0.94		—
1.20%		1.24		3.59		3.50		0.93		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.24		2.15		—		0.93		—
1.30%		1.23		2.13		—		0.93		—
1.35%		1.23		2.47		—		0.93		—
1.40%		1.23		2.46		—		0.93		—
1.45%		1.22		2.10		—		0.93		—
1.50%		1.22		1.81		—		0.92		—
1.55%		1.22		2.43		—		0.92		—
1.60%		1.22		2.42		—		0.92		—
1.65%		1.21		2.41		—		0.92		—
1.70%		1.21		2.40		—		0.92		—
1.75%		1.21		2.40		—		0.92		—
1.80%		1.20		2.39		—		0.91		—
1.85%		1.20		1.78		—		0.91		—
1.90%		1.20		1.77		—		0.91		—

Subaccount	GS VIT U.S. Eq Insights, Inst		Invesco VI Am Fran, Ser I		Invesco VI Bal Risk Alloc, Ser II		Invesco VI Comstock, Ser II		Invesco VI Hlth, Ser II
0.55%	$	2.46	$	1.96	$	1.19	$	2.69	$	2.25
0.60%		—		—		1.19		—		—
0.75%		2.37		1.94		1.18		2.61		2.20
0.85%		2.28		—		1.18		2.14		2.31
0.95%		2.29		1.92		1.17		2.54		2.15
1.00%		2.75		—		1.17		2.52		2.14
1.05%		2.23		—		1.17		2.09		2.25
1.10%		2.22		—		1.16		2.08		2.24
1.15%		—		—		1.16		—		—
1.20%		2.66		—		1.16		2.45		2.09
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		2.18		—		1.15		2.04		2.20
1.30%		2.17		—		1.15		2.03		2.19
1.35%		—		—		1.15		—		—
1.40%		—		—		1.15		—		—
1.45%		2.13		—		1.14		2.00		2.15
1.50%		—		—		1.14		—		—
1.55%		—		—		1.14		—		—
1.60%		—		—		1.14		—		—
1.65%		—		—		1.13		—		—
1.70%		—		—		1.13		—		—
1.75%		—		—		1.13		—		—
1.80%		—		—		1.13		—		—
1.85%		—		—		1.12		—		—
1.90%		—		—		1.12		—		—



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			77


Subaccount	Invesco VI Intl Gro, Ser II		Invesco VI Mid Cap Gro, Ser I		Ivy VIP Asset Strategy		Janus Henderson Enterprise, Serv		Janus Henderson Flex Bond, Serv
0.55%	$	2.04	$	1.76	$	1.18	$	1.79	$	1.07
0.60%		—		—		1.18		—		1.06
0.75%		1.99		1.74		1.17		1.73		1.06
0.85%		1.76		—		1.16		—		1.05
0.95%		1.95		1.72		1.16		1.67		1.05
1.00%		1.93		1.72		1.16		—		1.04
1.05%		1.72		—		1.15		—		1.04
1.10%		1.71		—		1.15		—		1.04
1.15%		—		—		1.15		—		1.04
1.20%		1.89		1.70		1.14		—		1.03
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.68		—		1.14		—		1.03
1.30%		1.67		—		1.14		—		1.03
1.35%		—		—		1.14		—		1.03
1.40%		—		—		1.13		—		1.02
1.45%		1.64		—		1.13		—		1.02
1.50%		—		—		1.13		—		1.02
1.55%		—		—		1.13		—		1.02
1.60%		—		—		1.12		—		1.01
1.65%		—		—		1.12		—		1.01
1.70%		—		—		1.12		—		1.01
1.75%		—		—		1.12		—		1.01
1.80%		—		—		1.11		—		1.01
1.85%		—		—		1.11		—		1.00
1.90%		—		—		1.11		—		1.00

Subaccount	Janus Henderson Gbl Alloc Mod, Srv		Janus Henderson Global Tech, Serv		Janus Henderson Overseas, Serv		Janus Henderson Res, Serv		Lazard Ret Global Dyn MA, Serv
0.55%	$	1.40	$	1.51	$	1.50	$	2.07	$	1.40
0.60%		1.40		—		—		1.93		1.40
0.75%		1.38		1.46		1.45		2.02		1.39
0.85%		1.38		—		—		2.00		1.38
0.95%		1.37		1.41		1.40		1.98		1.38
1.00%		1.36		3.59		2.46		1.97		1.37
1.05%		1.36		—		—		1.96		1.37
1.10%		1.36		—		—		1.95		1.37
1.15%		1.35		—		—		1.88		1.36
1.20%		1.35		3.47		2.38		1.93		1.36
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.35		—		—		1.92		1.36
1.30%		1.34		—		—		1.91		1.35
1.35%		1.34		—		—		2.34		1.35
1.40%		1.33		—		—		2.33		1.35
1.45%		1.33		—		—		1.88		1.34
1.50%		1.33		—		—		1.84		1.34
1.55%		1.32		—		—		2.31		1.34
1.60%		1.32		—		—		2.30		1.33
1.65%		1.32		—		—		2.29		1.33
1.70%		1.31		—		—		2.28		1.33
1.75%		1.31		—		—		2.27		1.33
1.80%		1.30		—		—		2.26		1.32
1.85%		1.30		—		—		1.80		1.32
1.90%		1.30		—		—		1.80		1.32



78		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	MFS Mass Inv Gro Stock, Serv Cl		MFS New Dis, Serv Cl		MFS Utilities, Serv Cl		MS VIF Global Real Est, Cl II		MS VIF Mid Cap Gro, Cl II
0.55%	$	1.31	$	2.47	$	3.59	$	1.55	$	2.12
0.60%		—		—		1.53		—		1.49
0.75%		1.31		2.38		3.47		1.51		2.07
0.85%		1.30		—		2.39		1.57		2.24
0.95%		1.30		2.30		3.36		1.48		2.02
1.00%		1.30		2.72		4.17		1.47		2.01
1.05%		1.30		—		2.34		1.53		2.19
1.10%		1.29		—		2.33		1.52		2.17
1.15%		—		—		1.49		—		1.46
1.20%		1.29		2.64		4.04		1.44		1.96
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.29		—		2.29		1.50		2.14
1.30%		1.29		—		2.27		1.49		2.13
1.35%		—		—		1.89		—		1.92
1.40%		—		—		1.88		—		1.91
1.45%		1.28		—		2.23		1.46		2.09
1.50%		—		—		1.46		—		1.43
1.55%		—		—		1.86		—		1.89
1.60%		—		—		1.85		—		1.88
1.65%		—		—		1.84		—		1.88
1.70%		—		—		1.84		—		1.87
1.75%		—		—		1.83		—		1.86
1.80%		—		—		1.82		—		1.86
1.85%		—		—		1.43		—		1.40
1.90%		—		—		1.43		—		1.40

Subaccount	NB AMT Intl Eq, Cl S		NB AMT US Eq Index PW Strat, Cl S		Oppen Global VA, Serv		Oppen Global Strategic Inc VA, Srv		Oppen Main St Sm Cap VA, Serv
0.55%	$	1.34	$	0.98	$	2.98	$	1.78	$	3.16
0.60%		—		0.98		1.88		1.07		1.97
0.75%		1.30		0.97		2.90		1.73		3.08
0.85%		1.45		0.97		2.19		1.60		2.35
0.95%		1.27		0.96		2.82		1.68		2.99
1.00%		1.27		0.96		2.80		1.67		2.97
1.05%		1.42		0.96		2.14		1.56		2.29
1.10%		1.41		0.96		2.13		1.56		2.28
1.15%		—		0.96		1.87		1.04		1.92
1.20%		1.24		0.96		2.72		1.63		2.89
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.39		0.95		2.10		1.53		2.24
1.30%		1.38		0.95		2.08		1.52		2.23
1.35%		—		0.95		2.18		1.03		2.53
1.40%		—		0.95		2.17		1.03		2.52
1.45%		1.36		0.95		2.05		1.49		2.19
1.50%		—		0.95		1.83		1.02		1.89
1.55%		—		0.94		2.15		1.02		2.49
1.60%		—		0.94		2.14		1.02		2.48
1.65%		—		0.94		2.13		1.02		2.47
1.70%		—		0.94		2.13		1.01		2.46
1.75%		—		0.94		2.12		1.01		2.45
1.80%		—		0.94		2.11		1.01		2.44
1.85%		—		0.93		1.79		1.01		1.85
1.90%		—		0.93		1.79		1.00		1.84



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			79


Subaccount	PIMCO VIT All Asset, Advisor Cl		PIMCO VIT Glb MA Man Alloc, Adv Cl		PIMCO VIT Tot Return, Advisor Cl		Put VT Sus Leaders, Cl IB		Royce Micro-Cap, Invest Cl
0.55%	$	1.68	$	1.15	$	1.06	$	2.60	$	4.73
0.60%		1.22		1.14		1.06		—		—
0.75%		1.64		1.13		1.05		2.56		4.56
0.85%		1.66		1.13		1.04		—		—
0.95%		1.60		1.12		1.04		2.52		4.40
1.00%		1.59		1.12		1.04		2.51		—
1.05%		1.62		1.11		1.04		—		—
1.10%		1.62		1.11		1.03		—		—
1.15%		1.19		1.11		1.03		—		—
1.20%		1.56		1.10		1.03		2.48		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.59		1.10		1.03		—		—
1.30%		1.58		1.10		1.02		—		—
1.35%		1.32		1.09		1.02		—		—
1.40%		1.32		1.09		1.02		—		—
1.45%		1.55		1.09		1.02		—		—
1.50%		1.17		1.08		1.01		—		—
1.55%		1.30		1.08		1.01		—		—
1.60%		1.30		1.08		1.01		—		—
1.65%		1.29		1.08		1.01		—		—
1.70%		1.29		1.07		1.00		—		—
1.75%		1.28		1.07		1.00		—		—
1.80%		1.28		1.07		1.00		—		—
1.85%		1.14		1.06		1.00		—		—
1.90%		1.14		1.06		0.99		—		—

Subaccount	Temp Global Bond, Cl 2		Third Ave Val		VanEck VIP Global Gold, Cl S		VP Aggr, Cl 2		VP Aggr, Cl 4
0.55%	$	0.98	$	4.07	$	0.88	$	1.90	$	1.90
0.60%		0.98		—		0.88		1.58		—
0.75%		0.97		3.93		0.88		1.87		1.87
0.85%		0.97		—		0.87		1.86		1.86
0.95%		0.96		3.79		0.87		1.84		1.84
1.00%		0.96		—		0.87		1.83		1.84
1.05%		0.96		—		0.86		1.83		1.83
1.10%		0.96		—		0.86		1.82		1.82
1.15%		0.96		—		0.86		1.54		—
1.20%		0.95		—		0.86		1.81		1.81
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		0.95		—		0.86		1.80		1.80
1.30%		0.95		—		0.85		1.79		1.79
1.35%		0.95		—		0.85		1.86		—
1.40%		0.94		—		0.85		1.85		—
1.45%		0.94		—		0.85		1.77		1.77
1.50%		0.94		—		0.85		1.51		—
1.55%		0.94		—		0.84		1.83		—
1.60%		0.94		—		0.84		1.82		—
1.65%		0.93		—		0.84		1.82		—
1.70%		0.93		—		0.84		1.81		—
1.75%		0.93		—		0.84		1.80		—
1.80%		0.93		—		0.83		1.80		—
1.85%		0.92		—		0.83		1.48		—
1.90%		0.92		—		0.83		1.48		—



80		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	VP Conserv, Cl 2		VP Conserv, Cl 4		VP Man Risk, Cl 2		VP Man Risk US, Cl 2		VP Man Vol Conserv, Cl 2
0.55%	$	1.33	$	1.33	$	1.04	$	1.04	$	1.12
0.60%		1.19		—		1.04		1.04		1.09
0.75%		1.31		1.31		1.04		1.04		1.11
0.85%		1.30		1.30		1.04		1.04		1.11
0.95%		1.29		1.29		1.04		1.04		1.12
1.00%		1.29		1.29		1.03		1.04		1.10
1.05%		1.28		1.28		1.03		1.04		1.11
1.10%		1.28		1.28		1.03		1.04		1.11
1.15%		1.16		—		1.03		1.04		1.10
1.20%		1.27		1.27		1.03		1.04		1.10
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.26		1.26		1.03		1.04		1.09
1.30%		1.26		1.26		1.03		1.04		1.10
1.35%		1.26		—		1.03		1.04		1.09
1.40%		1.26		—		1.03		1.04		1.09
1.45%		1.24		1.24		1.03		1.04		1.09
1.50%		1.14		—		1.03		1.04		1.09
1.55%		1.24		—		1.03		1.04		1.08
1.60%		1.24		—		1.03		1.04		1.08
1.65%		1.23		—		1.03		1.04		1.08
1.70%		1.23		—		1.03		1.04		1.08
1.75%		1.22		—		1.03		1.04		1.07
1.80%		1.22		—		1.03		1.04		1.07
1.85%		1.11		—		1.03		1.04		1.07
1.90%		1.11		—		1.03		1.04		1.07

Subaccount	VP Man Vol Conserv Gro, Cl 2		VP Man Vol Gro, Cl 2		VP Man Vol Mod Gro, Cl 2		VP Mod, Cl 2		VP Mod, Cl 4
0.55%	$	1.17	$	1.24	$	1.21	$	1.62	$	1.62
0.60%		1.12		1.16		1.14		1.38		—
0.75%		1.16		1.23		1.20		1.59		1.59
0.85%		1.15		1.23		1.19		1.58		1.58
0.95%		1.18		1.32		1.34		1.57		1.57
1.00%		1.14		1.22		1.18		1.56		1.56
1.05%		1.18		1.32		1.34		1.56		1.56
1.10%		1.18		1.31		1.24		1.55		1.55
1.15%		1.17		1.31		1.33		1.34		—
1.20%		1.17		1.31		1.33		1.54		1.54
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.13		1.21		1.17		1.53		1.53
1.30%		1.16		1.30		1.32		1.53		1.53
1.35%		1.16		1.30		1.31		1.54		—
1.40%		1.16		1.30		1.31		1.54		—
1.45%		1.16		1.29		1.31		1.51		1.51
1.50%		1.15		1.29		1.30		1.32		—
1.55%		1.15		1.29		1.30		1.52		—
1.60%		1.15		1.28		1.21		1.51		—
1.65%		1.15		1.28		1.29		1.51		—
1.70%		1.14		1.28		1.29		1.50		—
1.75%		1.14		1.27		1.28		1.50		—
1.80%		1.14		1.27		1.28		1.49		—
1.85%		1.13		1.27		1.28		1.29		—
1.90%		1.13		1.27		1.27		1.29		—



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			81


Subaccount	VP Mod Aggr, Cl 2		VP Mod Aggr, Cl 4		VP Mod Conserv, Cl 2		VP Mod Conserv, Cl 4		VP Ptnrs Sm Cap Val, Cl 3
0.55%	$	1.76	$	1.76	$	1.46	$	1.47	$	3.64
0.60%		1.47		—		1.28		—		—
0.75%		1.73		1.73		1.44		1.44		3.53
0.85%		1.72		1.72		1.43		1.43		2.06
0.95%		1.70		1.71		1.42		1.42		3.42
1.00%		1.70		1.70		1.42		1.42		3.21
1.05%		1.69		1.69		1.41		1.41		2.01
1.10%		1.69		1.69		1.40		1.41		2.00
1.15%		1.44		—		1.24		—		—
1.20%		1.67		1.67		1.39		1.39		3.11
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.67		1.67		1.39		1.39		1.97
1.30%		1.66		1.66		1.38		1.38		1.95
1.35%		1.69		—		1.39		—		—
1.40%		1.69		—		1.38		—		—
1.45%		1.64		1.64		1.37		1.37		1.92
1.50%		1.41		—		1.22		—		—
1.55%		1.67		—		1.37		—		—
1.60%		1.66		—		1.36		—		—
1.65%		1.66		—		1.36		—		—
1.70%		1.65		—		1.35		—		—
1.75%		1.64		—		1.35		—		—
1.80%		1.64		—		1.34		—		—
1.85%		1.38		—		1.19		—		—
1.90%		1.38		—		1.19		—		—

Subaccount	VP US Flex Conserv Gro, Cl 2		VP US Flex Gro, Cl 2		VP US Flex Mod Gro, Cl 2		Wanger Intl		Wanger USA
0.55%	$	1.04	$	1.06	$	1.05	$	4.09	$	4.42
0.60%		1.12		1.22		1.17		—		—
0.75%		1.03		1.06		1.05		3.95		4.26
0.85%		1.11		1.21		1.16		2.13		2.41
0.95%		1.11		1.21		1.16		3.81		4.10
1.00%		1.03		1.06		1.05		4.57		3.64
1.05%		1.11		1.21		1.16		2.08		2.35
1.10%		1.11		1.21		1.16		2.07		2.34
1.15%		1.11		1.21		1.16		—		—
1.20%		1.11		1.21		1.16		4.43		3.53
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1.11		1.21		1.16		2.04		2.30
1.30%		1.11		1.21		1.16		2.02		2.29
1.35%		1.11		1.21		1.16		—		—
1.40%		1.11		1.21		1.16		—		—
1.45%		1.11		1.21		1.16		1.99		2.25
1.50%		1.11		1.20		1.16		—		—
1.55%		1.11		1.20		1.16		—		—
1.60%		1.10		1.20		1.15		—		—
1.65%		1.10		1.20		1.15		—		—
1.70%		1.10		1.20		1.15		—		—
1.75%		1.10		1.20		1.15		—		—
1.80%		1.10		1.20		1.15		—		—
1.85%		1.10		1.20		1.15		—		—
1.90%		1.10		1.20		1.15		—		—



82		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	WF VT Index Asset Alloc, Cl 2		WF VT Intl Eq, Cl 2		WF VT Sm Cap Gro, Cl 2		WA Var Global Hi Yd Bond, Cl II
0.55%	$	2.53	$	2.00	$	2.90	$	1.15
0.60%		—		—		1.76		1.15
0.75%		2.44		1.95		2.81		1.14
0.85%		—		1.41		2.69		1.14
0.95%		2.36		1.90		2.71		1.13
1.00%		2.48		1.88		3.12		1.13
1.05%		—		1.38		2.63		1.12
1.10%		—		1.37		2.61		1.12
1.15%		—		—		1.72		1.12
1.20%		2.40		1.83		3.02		1.12
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		1.35		2.57		1.11
1.30%		—		1.34		2.55		1.11
1.35%		—		—		2.32		1.11
1.40%		—		—		2.31		1.11
1.45%		—		1.31		2.51		1.10
1.50%		—		—		1.68		1.10
1.55%		—		—		2.29		1.10
1.60%		—		—		2.28		1.10
1.65%		—		—		2.27		1.09
1.70%		—		—		2.26		1.09
1.75%		—		—		2.25		1.09
1.80%		—		—		2.24		1.09
1.85%		—		—		1.65		1.08
1.90%		—		—		1.64		1.08

The following is a summary of units outstanding at Dec. 31, 2017:


Subaccount	AB VPS Dyn Asset Alloc, Cl B		AB VPS Global Thematic Gro, Cl B		AB VPS Gro & Inc, Cl B		AB VPS Intl Val, Cl B		ALPS Alerian Engy Infr, Class III
0.55%		68,063		10,895		189,362		313,868		285,786
0.60%		—		—		—		—		—
0.75%		557,144		1,295,641		16,253,020		27,445,453		6,613,427
0.85%		265,486		1,091,602		3,546,166		12,516,225		4,088,696
0.95%		1,825,219		740,929		10,497,456		16,580,625		13,653,258
1.00%		41,627		91,366		2,020,539		4,387,211		1,690,101
1.05%		270,945		698,468		1,766,882		6,173,297		2,742,811
1.10%		1,557,485		328,926		826,088		5,523,787		6,145,576
1.15%		—		—		—		—		2,907
1.20%		682,093		252,884		1,041,724		1,759,997		4,150,784
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		46,456		100,027		709,335		373,952
1.30%		1,258,570		121,861		262,825		2,510,549		2,684,481
1.35%		260,237		—		—		—		2,682,542
1.40%		—		—		—		—		219,095
1.45%		60,589		3,691		54,122		370,487		679,320
1.50%		93,626		—		—		—		130,064
1.55%		9,724		—		—		—		72,838
1.60%		51,218		—		—		—		217,957
1.65%		—		—		—		—		172,059
1.70%		1,923		—		—		—		140,904
1.75%		—		—		—		—		30,046
1.80%		—		—		—		—		48,383
1.85%		126,472		—		—		—		1,326
1.90%		—		—		—		—		—
Total		7,130,421		4,682,719		36,558,211		78,290,834		46,826,313



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			83


Subaccount	AC VP Intl, Cl I		AC VP Mid Cap Val, Cl II		AC VP Ultra, Cl II		AC VP Val, Cl I		BlackRock Global Alloc, Cl III
0.55%		2,911		259,150		159,954		65,956		167,097
0.60%		—		—		—		—		—
0.75%		3,217,464		7,855,379		3,605,712		6,557,987		7,929,743
0.85%		—		5,310,305		1,705,036		—		4,785,420
0.95%		2,391,322		6,485,931		2,416,865		4,510,661		20,271,170
1.00%		—		1,362,207		816,567		—		2,405,251
1.05%		—		3,580,654		1,065,776		—		3,653,871
1.10%		—		1,873,256		433,307		—		7,154,203
1.15%		—		—		—		—		3,034
1.20%		—		841,371		529,722		—		4,381,192
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		276,547		181,541		—		271,467
1.30%		—		964,826		175,634		—		4,419,786
1.35%		—		—		—		—		3,370,779
1.40%		—		—		—		—		609,538
1.45%		—		225,636		346,272		—		1,858,106
1.50%		—		—		—		—		691,103
1.55%		—		—		—		—		24,650
1.60%		—		—		—		—		179,119
1.65%		—		—		—		—		165,981
1.70%		—		—		—		—		297,038
1.75%		—		—		—		—		47,428
1.80%		—		—		—		—		66,666
1.85%		—		—		—		—		116,408
1.90%		—		—		—		—		—
Total		5,611,697		29,035,262		11,436,386		11,134,604		62,869,050

Subaccount	Calvert VP SRI Bal, Cl I		Col VP Bal, Cl 3		Col VP Commodity Strategy, Cl 2		Col VP Contrarian Core, Cl 2		Col VP Disciplined Core, Cl 3
0.55%		—		733,863		39,792		352,469		197,062
0.60%		—		—		—		—		—
0.75%		6,913,333		41,748,266		587,830		9,128,383		73,367,668
0.85%		—		18,306,744		430,801		5,058,534		2,454,050
0.95%		3,258,699		51,410,113		2,320,786		17,048,891		35,736,528
1.00%		905,443		8,064,166		175,542		1,919,152		3,586,378
1.05%		—		12,729,810		227,560		3,814,637		1,501,007
1.10%		—		22,959,525		1,450,037		7,255,649		764,755
1.15%		—		182,304		—		327		—
1.20%		418,626		10,403,793		1,020,266		5,543,537		1,236,987
1.25%		—		—		—		—		—
1.25%		—		2,217,975		—		—		264,687
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		20,764,928		—		—		47,016,948
1.25%		—		—		2,667		141,164		—
1.30%		—		12,960,620		439,794		2,209,323		433,986
1.35%		—		11,714,772		285,820		3,121,158		—
1.40%		—		677,245		2,681		186,205		—
1.45%		—		2,597,751		100,472		767,056		46,967
1.50%		—		1,658,860		103,779		546,907		—
1.55%		—		451,642		32,145		35,097		—
1.60%		—		436,348		23,953		211,684		—
1.65%		—		249,127		17,889		61,959		—
1.70%		—		575,536		—		260,482		—
1.75%		—		206,380		—		10,602		—
1.80%		—		165,186		—		—		—
1.85%		—		341,384		—		53,437		—
1.90%		—		—		6,427		—		—
Total		11,496,101		221,556,338		7,268,241		57,726,653		166,607,023



84		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	Col VP Div Abs Return, Cl 2		Col VP Divd Opp, Cl 3		Col VP Emerg Mkts Bond, Cl 2		Col VP Emer Mkts, Cl 3		Col VP Global Bond, Cl 3
0.55%		16,005		875,032		449,503		635,372		235,186
0.60%		—		—		—		—		—
0.75%		666,220		70,804,386		2,187,895		14,819,649		18,858,412
0.85%		362,331		27,294,976		1,129,629		8,567,798		7,011,182
0.95%		884,858		41,891,428		4,150,248		9,345,545		16,057,390
1.00%		102,568		9,993,381		406,636		2,028,548		2,420,697
1.05%		279,404		13,381,742		911,467		4,667,673		4,794,072
1.10%		248,495		8,598,432		1,330,688		3,808,212		1,798,756
1.15%		—		—		—		—		—
1.20%		369,490		4,113,257		1,038,583		653,490		1,960,160
1.25%		—		22,875,604		—		13,423,637		—
1.25%		—		1,610,575		—		593,951		375,751
1.25%		—		—		—		—		—
1.25%		—		—		—		—		4,443,162
1.25%		—		—		—		—		—
1.25%		24,052		—		143,869		—		—
1.30%		670,202		3,692,213		742,415		1,326,913		1,522,301
1.35%		290,193		—		655,272		—		—
1.40%		—		—		7,960		—		—
1.45%		36,436		1,189,079		374,185		268,235		407,037
1.50%		—		—		35,113		—		—
1.55%		13,043		—		13,983		—		—
1.60%		—		—		10,912		—		—
1.65%		12,117		—		39,828		—		—
1.70%		—		—		26,424		—		—
1.75%		—		—		—		—		—
1.80%		—		—		—		—		—
1.85%		—		—		—		—		—
1.90%		—		—		—		—		—
Total		3,975,414		206,320,105		13,654,610		60,139,023		59,884,106

Subaccount	Col VP Govt Money Mkt, Cl 3		Col VP Hi Yield Bond, Cl 3		Col VP Inc Opp, Cl 3		Col VP Inter Bond, Cl 3		Col VP Lg Cap Gro, Cl 3
0.55%		2,776,028		476,603		716,992		604,519		811,845
0.60%		—		—		—		—		—
0.75%		35,185,458		33,054,335		23,972,259		66,114,189		46,605,505
0.85%		11,990,913		10,493,480		11,527,657		21,799,657		3,886,427
0.95%		24,661,422		26,600,740		17,896,588		53,880,854		25,535,363
1.00%		4,379,091		3,588,563		4,181,983		8,439,121		2,567,692
1.05%		7,595,519		7,594,422		7,641,949		17,399,201		1,977,894
1.10%		4,337,329		3,140,152		3,398,246		5,770,429		1,046,550
1.15%		—		—		—		—		—
1.20%		1,767,217		2,620,420		3,052,714		7,414,296		1,150,469
1.25%		—		—		—		—		—
1.25%		1,980,597		470,405		—		1,029,804		—
1.25%		—		—		—		—		—
1.25%		—		9,604,342		—		—		—
1.25%		12,317,312		—		—		15,532,395		—
1.25%		—		—		653,149		—		208,400
1.30%		1,507,049		1,782,117		2,379,489		4,254,514		334,159
1.35%		—		—		—		—		—
1.40%		—		—		—		—		—
1.45%		1,062,395		1,225,501		813,872		1,494,530		57,388
1.50%		—		—		—		—		—
1.55%		—		—		—		—		—
1.60%		—		—		—		—		—
1.65%		—		—		—		—		—
1.70%		—		—		—		—		—
1.75%		—		—		—		—		—
1.80%		—		—		—		—		—
1.85%		—		—		—		—		—
1.90%		—		—		—		—		—
Total		109,560,330		100,651,080		76,234,898		203,733,509		84,181,692



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			85


Subaccount	Col VP Lg Cap Index, Cl 3		Col VP Limited Duration Cr, Cl 2		Col VP Long Govt/Cr Bond, Cl 2		Col VP Mid Cap Gro, Cl 3		Col VP Mid Cap Val, Cl 3
0.55%		246,701		79,132		62,574		75,500		224,044
0.60%		—		—		—		—		—
0.75%		34,242,741		4,859,724		2,250,831		10,598,546		7,406,486
0.85%		9,223,430		2,259,339		1,236,136		1,987,932		6,900,088
0.95%		48,131,968		9,957,196		4,793,589		6,234,419		5,079,332
1.00%		5,208,088		968,866		655,200		646,789		1,013,033
1.05%		5,709,753		1,956,335		1,077,542		1,160,243		3,350,014
1.10%		13,049,256		1,890,552		960,009		546,303		1,968,498
1.15%		90,424		20,712		—		—		—
1.20%		7,912,569		2,772,415		786,276		284,828		467,729
1.25%		—		—		—		—		—
1.25%		—		—		—		42,984		—
1.25%		—		—		—		13,912,880		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		661,159		255,067		93,826		—		165,263
1.30%		8,996,988		1,490,949		488,537		233,488		872,764
1.35%		5,123,773		2,228,446		708,910		—		—
1.40%		360,682		347,319		56,900		—		—
1.45%		1,555,005		599,246		361,639		38,007		163,977
1.50%		760,513		377,328		160,235		—		—
1.55%		141,455		56,192		25,617		—		—
1.60%		148,119		25,636		10,696		—		—
1.65%		109,495		90,575		—		—		—
1.70%		294,527		296,061		19,574		—		—
1.75%		11,627		10,225		7,561		—		—
1.80%		5,465		—		—		—		—
1.85%		92,682		46,743		—		—		—
1.90%		9,470		—		—		—		—
Total		142,085,890		30,588,058		13,755,652		35,761,919		27,611,228

Subaccount	Col VP Overseas Core, Cl 3		Col VP Select Lg Cap Val, Cl 3		Col VP Select Sm Cap Val, Cl 3		Col VP US Govt Mtge, Cl 3		CS Commodity Return
0.55%		450,302		51,796		86,927		101,484		385,644
0.60%		—		—		—		—		—
0.75%		16,826,048		4,905,179		5,792,434		21,276,115		10,685,782
0.85%		5,676,963		2,213,928		1,494,961		6,359,715		4,461,577
0.95%		10,995,303		4,049,354		3,804,819		18,959,474		8,450,909
1.00%		1,330,181		626,883		744,629		2,691,949		2,987,252
1.05%		3,477,503		2,020,355		1,178,445		3,982,555		3,293,453
1.10%		2,738,048		600,032		674,385		1,418,703		2,342,958
1.15%		—		—		—		—		—
1.20%		781,702		357,617		257,884		2,602,547		1,527,859
1.25%		—		—		—		—		—
1.25%		521,490		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		15,068,466		—		—		—		—
1.25%		—		46,032		79,349		302,320		251,660
1.30%		1,150,638		307,462		417,180		1,177,691		1,089,317
1.35%		—		—		—		—		—
1.40%		—		—		—		—		—
1.45%		145,385		63,155		22,783		715,025		318,760
1.50%		—		—		—		—		—
1.55%		—		—		—		—		—
1.60%		—		—		—		—		—
1.65%		—		—		—		—		—
1.70%		—		—		—		—		—
1.75%		—		—		—		—		—
1.80%		—		—		—		—		—
1.85%		—		—		—		—		—
1.90%		—		—		—		—		—
Total		59,162,029		15,241,793		14,553,796		59,587,578		35,795,171



86		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	CTIVP AQR Man Fut Strategy, Cl 2		CTIVP BR Gl Infl Prot Sec, Cl 3		CTIVP Lazard Intl Eq Adv, Cl 2		CTIVP Loomis Sayles Gro, Cl 1		CTIVP MFS Blend Res Core Eq, Cl 3
0.55%		409,883		398,778		60,009		506,800		100,144
0.60%		—		—		—		—		—
0.75%		3,697,256		21,463,692		1,136,712		32,667,873		5,057,246
0.85%		1,525,167		7,253,688		869,822		20,758,198		4,320,597
0.95%		5,861,690		16,465,090		4,862,252		20,855,669		3,149,583
1.00%		1,164,464		3,179,226		359,418		4,390,328		408,236
1.05%		1,358,558		4,676,173		822,480		10,685,866		1,910,447
1.10%		2,173,344		1,676,846		1,346,329		6,002,121		827,026
1.15%		5,288		—		—		—		—
1.20%		887,523		2,717,991		1,306,358		1,874,399		354,466
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		199,104		477,870		55,818		1,124,023		122,723
1.30%		772,811		1,523,102		1,006,468		2,431,912		657,316
1.35%		1,017,730		—		541,897		—		—
1.40%		—		—		18,817		—		—
1.45%		303,648		766,942		87,334		681,262		120,807
1.50%		99,960		—		43,518		—		—
1.55%		20,718		—		20,276		—		—
1.60%		57,358		—		15,081		—		—
1.65%		10,194		—		14,004		—		—
1.70%		23,521		—		13,743		—		—
1.75%		—		—		—		—		—
1.80%		—		—		48,170		—		—
1.85%		1,481		—		—		—		—
1.90%		—		—		—		—		—
Total		19,589,698		60,599,398		12,628,506		101,978,451		17,028,591

Subaccount	CTIVP Vty Sycamore Estb Val, Cl 3		CTIVP WF Short Duration Govt, Cl 2		Deutsche Alt Asset Alloc VIP, Cl B		EV VT Floating-Rate Inc, Init Cl		Fid VIP Contrafund, Serv Cl 2
0.55%		83,376		16,760		26,864		1,997,331		1,063,840
0.60%		—		—		—		—		—
0.75%		3,974,358		3,289,579		3,691,493		31,185,458		52,100,018
0.85%		2,185,596		1,560,124		1,740,508		14,034,447		26,836,763
0.95%		2,585,695		6,939,159		6,012,893		27,273,383		52,141,399
1.00%		734,112		392,266		441,436		5,278,739		8,983,299
1.05%		1,356,051		594,703		1,547,148		9,838,173		17,541,121
1.10%		734,070		1,491,742		1,108,382		5,817,663		18,151,743
1.15%		—		5,051		2,027		—		58,855
1.20%		292,198		1,992,771		1,128,611		3,407,695		10,077,986
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		132,022		96,357		166,203		1,314,844		2,804,577
1.30%		356,102		1,340,935		724,869		4,370,464		8,887,350
1.35%		—		938,122		791,568		—		5,022,828
1.40%		—		73,971		206,489		—		510,136
1.45%		68,063		414,488		173,112		2,117,046		2,865,375
1.50%		—		188,280		203,153		—		1,053,894
1.55%		—		139,234		42,416		—		105,639
1.60%		—		16,396		28,395		—		116,488
1.65%		—		66,729		21,961		—		144,292
1.70%		—		72,338		66,979		—		191,814
1.75%		—		—		965		—		6,778
1.80%		—		11,895		—		—		22,056
1.85%		—		26,647		15,564		—		44,460
1.90%		—		—		—		—		28,099
Total		12,501,643		19,667,547		18,141,036		106,635,243		208,758,810



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			87


Subaccount	Fid VIP Gro & Inc, Serv Cl		Fid VIP Mid Cap, Serv Cl		Fid VIP Overseas, Serv Cl		Fid VIP Strategic Inc, Serv Cl 2		Frank Global Real Est, Cl 2
0.55%		153,935		73,456		15,520		240,363		215,827
0.60%		—		—		—		—		—
0.75%		11,247,557		7,274,397		4,383,072		19,388,139		14,392,628
0.85%		—		—		—		9,216,253		7,767,250
0.95%		8,069,458		5,338,334		3,341,945		30,762,199		9,228,388
1.00%		—		—		—		4,074,448		2,633,676
1.05%		—		—		—		9,670,031		3,612,071
1.10%		—		—		—		10,109,737		2,986,556
1.15%		—		—		—		37,857		—
1.20%		—		—		—		6,336,426		1,155,275
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		1,571,256		303,191
1.30%		—		—		—		4,888,582		1,984,761
1.35%		—		—		—		4,348,338		—
1.40%		—		—		—		202,766		—
1.45%		—		—		—		2,108,706		267,650
1.50%		—		—		—		964,961		—
1.55%		—		—		—		101,764		—
1.60%		—		—		—		280,919		—
1.65%		—		—		—		180,742		—
1.70%		—		—		—		256,340		—
1.75%		—		—		—		—		—
1.80%		—		—		—		—		—
1.85%		—		—		—		65,569		—
1.90%		—		—		—		59,234		—
Total		19,470,950		12,686,187		7,740,537		104,864,630		44,547,273

Subaccount	Frank Inc, Cl 2		Frank Sm Cap Val, Cl 2		GS VIT Mid Cap Val, Inst		GS VIT Multi-Strategy Alt, Advisor		GS VIT Sm Cap Eq Insights, Inst
0.55%		111,714		180,270		260,678		388,714		64,526
0.60%		—		—		—		—		—
0.75%		5,242,224		9,188,646		15,856,614		501,754		1,074,591
0.85%		3,784,440		5,941,116		—		241,744		—
0.95%		12,704,472		7,861,294		10,083,527		1,992,439		704,911
1.00%		821,975		1,862,364		3,263,266		47,852		—
1.05%		2,483,084		2,922,668		—		339,207		—
1.10%		8,104,683		3,728,889		—		622,035		—
1.15%		—		28,997		—		—		—
1.20%		4,375,808		2,090,751		1,532,017		530,363		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		313,409		174,300		—		12,083		—
1.30%		2,520,767		1,895,309		—		472,894		—
1.35%		3,497,123		1,398,766		—		232,655		—
1.40%		209,780		159,031		—		14,460		—
1.45%		1,853,599		210,952		—		98,198		—
1.50%		289,037		223,125		—		13,886		—
1.55%		74,531		24,810		—		—		—
1.60%		101,977		55,363		—		1,874		—
1.65%		121,114		14,477		—		10,104		—
1.70%		242,090		79,849		—		1,675		—
1.75%		12,528		—		—		—		—
1.80%		20,494		275		—		—		—
1.85%		111,270		6,171		—		27,261		—
1.90%		—		—		—		—		—
Total		46,996,119		38,047,423		30,996,102		5,549,198		1,844,028



88		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	GS VIT U.S. Eq Insights, Inst		Invesco VI Am Fran, Ser I		Invesco VI Bal Risk Alloc, Ser II		Invesco VI Comstock, Ser II		Invesco VI Hlth, Ser II
0.55%		415,339		2,205		205,819		430,080		282,317
0.60%		—		—		—		—		—
0.75%		24,413,451		4,405,002		4,881,030		23,713,857		5,775,262
0.85%		3,858,341		—		2,412,732		6,032,340		4,060,672
0.95%		16,622,554		2,454,008		10,956,931		13,154,129		3,667,245
1.00%		2,428,101		—		2,191,711		5,761,348		889,588
1.05%		2,472,363		—		2,180,294		3,262,358		2,390,872
1.10%		767,356		—		5,371,926		1,908,523		1,748,215
1.15%		—		—		2,443		—		—
1.20%		1,085,190		—		3,204,596		2,399,595		301,456
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		238,408		—		236,574		359,328		174,762
1.30%		475,535		—		4,008,545		1,335,892		592,347
1.35%		—		—		1,841,249		—		—
1.40%		—		—		262,626		—		—
1.45%		77,442		—		925,490		291,435		149,178
1.50%		—		—		442,754		—		—
1.55%		—		—		7,588		—		—
1.60%		—		—		187,542		—		—
1.65%		—		—		167,823		—		—
1.70%		—		—		84,606		—		—
1.75%		—		—		337,455		—		—
1.80%		—		—		—		—		—
1.85%		—		—		54,453		—		—
1.90%		—		—		—		—		—
Total		52,854,080		6,861,215		39,964,187		58,648,885		20,031,914

Subaccount	Invesco VI Intl Gro, Ser II		Invesco VI Mid Cap Gro, Ser I		Ivy VIP Asset Strategy		Janus Henderson Enterprise, Serv		Janus Henderson Flex Bond, Serv
0.55%		288,572		76,215		13,969		35,421		45,774
0.60%		—		—		—		—		—
0.75%		13,342,558		6,671,128		1,139,349		5,897,199		7,135,841
0.85%		6,850,565		—		1,340,583		—		5,557,285
0.95%		11,095,780		4,573,425		3,818,194		3,318,493		16,420,665
1.00%		1,863,462		344,691		526,691		—		1,162,426
1.05%		3,868,923		—		848,962		—		3,496,058
1.10%		2,074,614		—		2,474,177		—		4,839,141
1.15%		—		—		—		—		130,253
1.20%		732,764		189,146		916,646		—		3,672,364
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		325,108		—		106,069		—		327,062
1.30%		783,213		—		1,016,453		—		2,155,783
1.35%		—		—		823,040		—		1,611,807
1.40%		—		—		—		—		168,947
1.45%		194,234		—		614,756		—		979,418
1.50%		—		—		71,804		—		157,617
1.55%		—		—		22,414		—		22,437
1.60%		—		—		19,590		—		68,058
1.65%		—		—		—		—		56,808
1.70%		—		—		24,231		—		82,347
1.75%		—		—		7,809		—		13,510
1.80%		—		—		—		—		30,374
1.85%		—		—		—		—		1,820
1.90%		—		—		—		—		38,661
Total		41,419,793		11,854,605		13,784,737		9,251,113		48,174,456



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			89


Subaccount	Janus Henderson Gbl Alloc Mod, Srv		Janus Henderson Global Tech, Serv		Janus Henderson Overseas, Serv		Janus Henderson Res, Serv		Lazard Ret Global Dyn MA, Serv
0.55%		—		73,428		81,179		175,581		126,830
0.60%		—		—		—		—		—
0.75%		466,465		10,067,474		9,961,981		5,240,636		1,889,157
0.85%		303,381		—		—		4,884,071		992,653
0.95%		1,741,615		5,998,184		7,624,421		5,586,033		2,938,474
1.00%		1,970		155,141		194,120		808,825		404,379
1.05%		199,863		—		—		2,339,851		794,981
1.10%		708,813		—		—		1,938,989		1,637,954
1.15%		—		—		—		16,671		—
1.20%		496,983		67,355		112,348		935,651		1,080,091
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		4,514		—		—		206,196		106,902
1.30%		166,403		—		—		842,022		1,414,197
1.35%		433,931		—		—		561,257		513,613
1.40%		11,216		—		—		3,634		—
1.45%		97,939		—		—		304,086		105,648
1.50%		64,556		—		—		154,540		42,438
1.55%		—		—		—		22,495		13,495
1.60%		—		—		—		25,655		89,707
1.65%		248,016		—		—		—		—
1.70%		14,763		—		—		19,490		126,384
1.75%		—		—		—		—		—
1.80%		4,519		—		—		4,517		38,102
1.85%		7,889		—		—		3,497		21,941
1.90%		—		—		—		—		—
Total		4,972,836		16,361,582		17,974,049		24,073,697		12,336,946

Subaccount	MFS Mass Inv Gro Stock, Serv Cl		MFS New Dis, Serv Cl		MFS Utilities, Serv Cl		MS VIF Global Real Est, Cl II		MS VIF Mid Cap Gro, Cl II
0.55%		143,660		82,764		323,307		205,345		116,223
0.60%		—		—		—		—		—
0.75%		21,374,072		8,165,288		14,937,242		7,470,946		2,861,024
0.85%		3,246,824		—		10,276,002		4,356,769		2,138,393
0.95%		12,864,316		5,070,179		13,841,124		5,766,154		3,607,837
1.00%		3,032,226		609,137		1,904,766		1,603,862		589,136
1.05%		2,924,710		—		5,719,464		2,909,801		1,490,674
1.10%		2,208,147		—		5,295,225		1,531,712		1,377,661
1.15%		—		—		7,443		—		4,481
1.20%		1,135,899		382,671		2,062,473		671,362		744,960
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		477,413		—		533,309		251,009		252,171
1.30%		740,243		—		2,136,031		778,639		659,966
1.35%		—		—		1,585,421		—		341,643
1.40%		—		—		402,767		—		50,522
1.45%		265,063		—		706,565		274,264		88,708
1.50%		—		—		968,270		—		86,364
1.55%		—		—		112,285		—		7,937
1.60%		—		—		94,166		—		7,428
1.65%		—		—		67,777		—		11,185
1.70%		—		—		75,787		—		958
1.75%		—		—		13,980		—		—
1.80%		—		—		32,510		—		37,797
1.85%		—		—		100,451		—		—
1.90%		—		—		—		—		—
Total		48,412,573		14,310,039		61,196,365		25,819,863		14,475,068



90		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	NB AMT Intl Eq, Cl S		NB AMT US Eq Index PW Strat, Cl S		Oppen Global VA, Serv		Oppen Global Strategic Inc VA, Srv		Oppen Main St Sm Cap VA, Serv
0.55%		101,977		78,406		204,845		986,414		228,619
0.60%		—		—		—		—		—
0.75%		3,147,737		204,693		11,932,828		57,737,860		7,203,791
0.85%		2,058,605		181,679		6,324,618		23,132,678		4,648,691
0.95%		2,678,328		1,066,388		12,158,236		48,595,571		8,737,136
1.00%		461,055		5,330		2,821,737		9,144,056		1,970,115
1.05%		992,139		95,955		4,413,489		17,492,269		4,510,554
1.10%		920,571		505,114		4,416,665		9,029,498		3,783,527
1.15%		—		—		7,745		5,237		—
1.20%		157,375		415,380		2,835,194		6,883,753		2,293,641
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		109,967		—		680,248		1,415,823		208,993
1.30%		531,380		500,662		2,149,830		6,634,223		2,265,472
1.35%		—		176,163		2,087,452		1,063,810		1,193,272
1.40%		—		21,028		65,040		—		111,422
1.45%		94,989		145,274		413,603		2,170,736		317,881
1.50%		—		43		243,870		92,243		214,048
1.55%		—		—		110,411		59,068		53,527
1.60%		—		—		92,140		15,532		59,073
1.65%		—		—		42,808		30,546		20,312
1.70%		—		1,245		43,243		136,232		11,540
1.75%		—		9,121		568		—		—
1.80%		—		10,619		28,532		—		1,224
1.85%		—		—		—		27,794		606
1.90%		—		—		—		—		3,858
Total		11,254,123		3,417,100		51,073,102		184,653,343		37,837,302

Subaccount	PIMCO VIT All Asset, Advisor Cl		PIMCO VIT Glb MA Man Alloc, Adv Cl		PIMCO VIT Tot Return, Advisor Cl		Put VT Sus Leaders, Cl IB		Royce Micro-Cap, Invest Cl
0.55%		191,566		3,635		57,988		17,535		13,341
0.60%		—		—		—		—		—
0.75%		14,289,651		563,883		3,656,064		6,675,252		1,847,777
0.85%		7,311,963		108,861		1,917,982		—		—
0.95%		14,974,703		1,023,256		8,970,250		4,245,452		1,437,726
1.00%		2,347,743		54,814		649,526		279,192		—
1.05%		6,179,332		564,453		2,013,359		—		—
1.10%		3,179,794		657,886		4,577,457		—		—
1.15%		—		—		—		—		—
1.20%		2,689,286		269,185		1,960,660		218,589		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		717,572		651		33,906		—		—
1.30%		2,473,259		519,683		1,475,543		—		—
1.35%		610,750		293,711		2,184,650		—		—
1.40%		83,891		237,698		17,408		—		—
1.45%		663,576		29,554		674,262		—		—
1.50%		387,593		59,866		180,339		—		—
1.55%		66,953		988		59,729		—		—
1.60%		27,734		32		3,267		—		—
1.65%		78,694		27,692		143,406		—		—
1.70%		7,020		5,622		33,983		—		—
1.75%		62,913		—		119,440		—		—
1.80%		15,961		—		—		—		—
1.85%		—		—		79,278		—		—
1.90%		—		—		—		—		—
Total		56,359,954		4,421,470		28,808,497		11,436,020		3,298,844



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			91


Subaccount	Temp Global Bond, Cl 2		Third Ave Val		VanEck VIP Global Gold, Cl S		VP Aggr, Cl 2		VP Aggr, Cl 4
0.55%		171,972		12,422		120,386		1,548,821		2,962,473
0.60%		—		—		—		1,944		—
0.75%		5,975,078		2,365,324		2,596,926		43,514,471		60,190,528
0.85%		4,566,032		—		1,936,660		244,680,526		207,557,195
0.95%		12,265,403		1,983,595		3,825,934		169,477,137		31,477,928
1.00%		1,697,927		—		708,164		6,785,302		8,051,147
1.05%		2,172,069		—		965,097		18,290,452		69,852,641
1.10%		3,922,372		—		2,106,396		37,387,645		41,389,645
1.15%		—		—		—		163,438		—
1.20%		2,296,790		—		922,588		78,566,626		2,691,151
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		215,172		—		97,735		1,825,220		3,850,375
1.30%		1,686,657		—		663,980		18,356,855		9,096,949
1.35%		1,479,369		—		494,651		9,180,778		—
1.40%		35,786		—		6,318		4,857,055		—
1.45%		545,656		—		71,494		4,352,969		1,035,435
1.50%		283,030		—		111,007		1,831,727		—
1.55%		1,966		—		—		587,463		—
1.60%		41,369		—		84,927		639,658		—
1.65%		52,529		—		11,736		2,355,675		—
1.70%		132,166		—		1,426		398,239		—
1.75%		35,657		—		11,864		332,360		—
1.80%		32,530		—		4,704		—		—
1.85%		13,105		—		—		247,511		—
1.90%		—		—		—		—		—
Total		37,622,635		4,361,341		14,741,993		645,381,872		438,155,467

Subaccount	VP Conserv, Cl 2		VP Conserv, Cl 4		VP Man Risk, Cl 2		VP Man Risk US, Cl 2		VP Man Vol Conserv, Cl 2
0.55%		1,109,070		613,093		11,611		91		—
0.60%		—		—		—		—		—
0.75%		29,606,368		38,284,335		352,269		93,800		5,000,796
0.85%		75,379,846		165,113,043		670,495		1,187,546		35,597,889
0.95%		91,597,044		39,140,964		10,417,656		4,549,849		196,362,126
1.00%		5,106,533		5,428,261		46,977		1,000		273,848
1.05%		21,344,291		104,084,720		261,757		109,406		15,897,696
1.10%		20,281,691		39,710,856		3,673,774		3,261,423		78,932,139
1.15%		12,116		—		—		—		—
1.20%		48,719,685		4,225,246		110,918		285,327		10,686,781
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		2,613,864		5,125,296		36,741		—		68,920
1.30%		26,676,440		27,062,220		589,439		422,390		10,328,614
1.35%		9,896,291		—		316,568		316,483		9,539,895
1.40%		7,861,086		—		—		—		1,482,500
1.45%		7,898,322		10,178,230		—		—		3,360,110
1.50%		2,587,021		—		1,624		—		958,736
1.55%		3,709,833		—		12,670		—		—
1.60%		1,008,779		—		—		—		25,719
1.65%		3,499,451		—		—		—		180,976
1.70%		3,221,550		—		—		—		746,454
1.75%		496,520		—		—		—		—
1.80%		1,112,260		—		—		—		—
1.85%		377,178		—		—		—		2,125,835
1.90%		—		—		—		—		—
Total		364,115,239		438,966,264		16,502,499		10,227,315		371,569,034



92		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	VP Man Vol Conserv Gro, Cl 2		VP Man Vol Gro, Cl 2		VP Man Vol Mod Gro, Cl 2		VP Mod, Cl 2		VP Mod, Cl 4
0.55%		357,595		6,102,111		1,938,532		2,853,148		6,485,562
0.60%		—		—		—		—		—
0.75%		16,093,036		191,799,748		126,718,409		234,363,836		523,884,341
0.85%		86,814,096		1,220,902,392		843,569,483		1,484,110,642		2,616,708,324
0.95%		559,214,486		3,565,617,575		5,348,660,537		1,240,605,569		352,246,262
1.00%		1,838,457		21,734,259		18,110,619		34,132,277		74,033,073
1.05%		36,277,943		376,744,474		1,043,327,279		122,374,047		1,041,252,554
1.10%		266,316,327		1,376,963,056		1,895,549,449		231,878,307		601,347,611
1.15%		—		2,672,953		8,887,108		826,512		—
1.20%		40,095,438		231,063,488		306,488,435		732,836,905		35,937,705
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		10,784		167,108		443,651		13,989,634		20,848,587
1.30%		35,877,245		97,856,881		331,054,317		156,178,830		244,198,397
1.35%		33,958,667		123,613,594		203,174,637		80,144,447		—
1.40%		1,144,554		3,535,545		27,618,380		44,644,846		—
1.45%		7,704,285		10,188,005		25,611,292		70,597,958		18,554,922
1.50%		1,352,671		5,348,651		17,508,059		19,868,785		—
1.55%		228,814		2,311,932		12,830,190		9,392,627		—
1.60%		445,741		2,828,027		7,089,536		11,286,888		—
1.65%		294,027		950,690		3,629,564		18,633,254		—
1.70%		2,198,201		560,693		7,478,461		10,390,065		—
1.75%		29,152		22,943		3,367,479		3,261,226		—
1.80%		15,662		—		9,441		736,360		—
1.85%		401,306		80,545		385,280		2,750,776		—
1.90%		—		—		43,471		—		—
Total		1,090,668,487		7,241,064,670		10,233,493,609		4,525,856,939		5,535,497,338

Subaccount	VP Mod Aggr, Cl 2		VP Mod Aggr, Cl 4		VP Mod Conserv, Cl 2		VP Mod Conserv, Cl 4		VP Ptnrs Sm Cap Val, Cl 3
0.55%		1,514,237		6,707,387		1,510,040		2,261,048		89,053
0.60%		—		—		—		—		—
0.75%		133,356,337		231,699,465		74,527,393		123,525,991		11,438,175
0.85%		814,790,691		775,540,429		212,143,760		446,131,772		3,475,974
0.95%		606,530,439		143,368,974		272,779,102		99,578,659		6,360,203
1.00%		17,705,340		28,299,150		12,373,769		16,122,613		1,475,279
1.05%		62,034,277		296,177,674		41,188,520		230,578,796		1,882,007
1.10%		134,450,279		142,292,456		55,606,323		133,232,610		755,748
1.15%		297,159		—		723,394		—		—
1.20%		284,009,346		8,352,033		126,804,121		11,177,759		744,594
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		7,267,657		16,506,569		4,655,919		9,408,620		125,703
1.30%		66,682,722		42,420,576		53,177,288		78,537,966		333,217
1.35%		36,669,225		—		23,206,303		—		—
1.40%		14,395,132		—		16,510,039		—		—
1.45%		25,341,047		3,067,129		21,766,108		15,513,052		141,187
1.50%		9,932,574		—		4,843,960		—		—
1.55%		2,262,783		—		5,768,615		—		—
1.60%		3,941,516		—		5,674,819		—		—
1.65%		6,550,851		—		6,459,204		—		—
1.70%		3,348,020		—		4,885,802		—		—
1.75%		438,742		—		2,245,730		—		—
1.80%		388,551		—		1,654,822		—		—
1.85%		262,905		—		2,173,590		—		—
1.90%		—		—		890,876		—		—
Total		2,232,169,830		1,694,431,842		951,569,497		1,166,068,886		26,821,140



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			93


Subaccount	VP US Flex Conserv Gro, Cl 2		VP US Flex Gro, Cl 2		VP US Flex Mod Gro, Cl 2		Wanger Intl		Wanger USA
0.55%		—		90		—		533,933		310,594
0.60%		—		—		—		—		—
0.75%		75,900		526,629		566,380		22,964,109		28,181,295
0.85%		2,462,839		25,270,982		14,182,078		12,338,566		9,389,336
0.95%		46,010,721		515,180,556		379,986,103		14,860,429		17,899,213
1.00%		—		44,928		40,382		3,229,374		5,235,320
1.05%		954,958		28,319,085		13,110,409		6,842,568		5,686,335
1.10%		13,764,888		163,769,077		131,448,699		4,155,526		3,145,753
1.15%		—		404,689		—		—		—
1.20%		1,780,907		19,202,346		13,798,547		1,315,687		1,967,398
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		25,096		—		584,136		562,978
1.30%		2,472,057		10,230,210		13,311,220		1,398,436		1,219,041
1.35%		1,238,559		14,013,637		8,736,935		—		—
1.40%		—		1,161,998		960,061		—		—
1.45%		358,217		1,725,266		3,761,851		341,100		302,351
1.50%		113,283		84,481		421,116		—		—
1.55%		—		215,849		89,957		—		—
1.60%		—		580,700		240,045		—		—
1.65%		—		1,219,980		130,115		—		—
1.70%		35,124		323,748		518,753		—		—
1.75%		—		156,814		254,354		—		—
1.80%		18,914		47,133		18,238		—		—
1.85%		—		—		—		—		—
1.90%		—		—		—		—		—
Total		69,286,367		782,503,294		581,575,243		68,563,864		73,899,614


Subaccount	WF VT Index Asset Alloc, Cl 2		WF VT Intl Eq, Cl 2		WF VT Sm Cap Gro, Cl 2		WA Var Global Hi Yd Bond, Cl II
0.55%		89		126,515		38,162		33,053
0.60%		—		—		—		—
0.75%		6,317,421		6,518,045		5,829,249		1,529,169
0.85%		—		3,946,362		3,434,690		504,911
0.95%		3,757,954		5,938,803		7,126,476		3,339,019
1.00%		658,457		1,434,553		829,115		174,629
1.05%		—		2,154,625		2,377,950		372,282
1.10%		—		1,285,909		2,114,019		861,897
1.15%		—		—		1,665		—
1.20%		332,712		796,714		1,151,628		493,113
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		288,754		136,832		179,580
1.30%		—		882,369		1,007,845		588,728
1.35%		—		—		1,226,552		430,271
1.40%		—		—		63,298		—
1.45%		—		228,173		178,477		517,714
1.50%		—		—		186,002		12,570
1.55%		—		—		4,560		14,394
1.60%		—		—		58,624		4,529
1.65%		—		—		9,776		12,178
1.70%		—		—		23,753		9,789
1.75%		—		—		268		—
1.80%		—		—		24,663		—
1.85%		—		—		—		1,502
1.90%		—		—		—		—
Total		11,066,633		23,600,822		25,823,604		9,079,328



94		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

The following is a summary of net assets at Dec. 31, 2017:


Subaccount	AB VPS Dyn Asset Alloc, Cl B		AB VPS Global Thematic Gro, Cl B		AB VPS Gro & Inc, Cl B		AB VPS Intl Val, Cl B		ALPS Alerian Engy Infr, Class III
0.55%	$	86,594	$	20,761	$	483,044	$	704,586	$	289,582
0.60%		94		—		—		—		158
0.75%		702,162		2,463,423		40,192,222		59,200,753		6,647,049
0.85%		332,944		2,034,151		7,840,477		13,137,540		4,109,427
0.95%		2,278,514		1,344,909		25,171,961		34,667,010		13,626,763
1.00%		51,885		164,918		5,218,275		9,465,120		1,676,841
1.05%		336,664		1,272,009		3,808,730		6,373,820		2,714,873
1.10%		1,930,668		595,533		1,770,585		5,632,540		6,068,814
1.15%		92		—		—		—		2,938
1.20%		841,523		445,156		2,623,803		3,682,607		4,079,807
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		88		82,685		210,401		710,871		366,695
1.30%		1,545,341		215,478		550,354		2,501,501		2,626,249
1.35%		318,812		—		—		—		2,618,129
1.40%		85		—		—		—		213,335
1.45%		73,876		6,402		111,448		365,834		659,815
1.50%		113,873		—		—		—		126,178
1.55%		11,799		—		—		—		70,425
1.60%		62,009		—		—		—		210,245
1.65%		84		—		—		—		165,585
1.70%		2,316		—		—		—		135,282
1.75%		88		—		—		—		28,780
1.80%		88		—		—		—		46,236
1.85%		151,298		—		—		—		1,337
1.90%		88		—		—		—		144
Total	$	8,840,985	$	8,645,425	$	87,981,300	$	136,442,182	$	46,484,687

Subaccount	AC VP Intl, Cl I		AC VP Mid Cap Val, Cl II		AC VP Ultra, Cl II		AC VP Val, Cl I		BlackRock Global Alloc, Cl III
0.55%	$	5,482	$	605,621	$	415,209	$	241,171	$	228,577
0.60%		—		—		—		—		104
0.75%		5,878,387		17,981,931		9,288,723		23,291,448		10,939,611
0.85%		—		14,970,870		4,475,000		—		6,472,781
0.95%		4,196,640		14,633,133		5,988,731		15,623,402		27,303,293
1.00%		—		3,034,423		2,006,800		—		3,222,511
1.05%		—		9,845,872		2,733,355		—		4,857,916
1.10%		—		5,119,553		1,105,048		—		9,485,055
1.15%		—		—		—		—		4,013
1.20%		—		1,834,457		1,270,409		—		5,775,178
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		742,678		454,658		—		356,641
1.30%		—		2,576,708		437,539		—		5,793,027
1.35%		—		—		—		—		4,405,574
1.40%		—		—		—		—		794,393
1.45%		—		592,183		848,546		—		2,414,650
1.50%		—		—		—		—		895,720
1.55%		—		—		—		—		31,845
1.60%		—		—		—		—		230,797
1.65%		—		—		—		—		213,271
1.70%		—		—		—		—		380,584
1.75%		—		—		—		—		60,593
1.80%		—		—		—		—		84,932
1.85%		—		—		—		—		147,870
1.90%		—		—		—		—		81
Total	$	10,080,509	$	71,937,429	$	29,024,018	$	39,156,021	$	84,099,017



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			95


Subaccount	Calvert VP SRI Bal, Cl I		Col VP Bal, Cl 3		Col VP Commodity Strategy, Cl 2		Col VP Contrarian Core, Cl 2		Col VP Disciplined Core, Cl 3
0.55%	$	86	$	1,666,151	$	24,727	$	640,131	$	388,883
0.60%		—		54		98		24		—
0.75%		12,497,583		92,053,529		361,830		16,443,235		140,270,945
0.85%		—		36,377,501		263,990		9,058,776		5,607,752
0.95%		5,693,826		110,016,012		1,415,286		30,393,167		66,860,308
1.00%		1,783,645		19,022,511		106,814		3,412,492		8,339,728
1.05%		—		24,908,450		138,113		6,765,710		3,331,049
1.10%		—		44,322,762		878,085		12,839,993		1,687,574
1.15%		—		296,479		118		594		—
1.20%		798,752		23,598,166		614,877		9,762,816		3,051,067
1.25%		—		—		—		—		—
1.25%		—		4,208,719		—		—		574,109
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		67,190,231		—		—		138,758,842
1.25%		—		—		1,605		248,055		—
1.30%		—		24,439,147		263,779		3,872,092		938,076
1.35%		—		23,580,223		171,047		5,458,213		—
1.40%		—		1,358,359		1,718		324,850		—
1.45%		—		4,815,428		59,840		1,334,955		99,526
1.50%		—		2,665,589		61,672		968,017		—
1.55%		—		895,759		19,059		60,791		—
1.60%		—		862,031		14,166		365,820		—
1.65%		—		490,452		10,557		106,837		—
1.70%		—		1,128,567		115		448,018		—
1.75%		—		403,209		115		18,194		—
1.80%		—		321,588		115		24		—
1.85%		—		533,346		114		91,262		—
1.90%		—		49		3,861		24		—
Total	$	20,773,892	$	485,154,312	$	4,411,701	$	102,614,090	$	369,907,859

Subaccount	Col VP Div Abs Return, Cl 2		Col VP Divd Opp, Cl 3		Col VP Emerg Mkts Bond, Cl 2		Col VP Emer Mkts, Cl 3		Col VP Global Bond, Cl 3
0.55%	$	14,469	$	2,774,792	$	495,051	$	2,158,831	$	418,323
0.60%		20		—		83		—		—
0.75%		596,581		216,612,994		2,386,807		47,948,379		32,465,539
0.85%		322,910		51,145,632		1,233,884		17,954,605		8,723,648
0.95%		784,899		123,693,334		4,504,561		29,286,853		26,632,334
1.00%		90,738		29,631,899		438,442		8,427,647		3,880,891
1.05%		246,672		24,501,023		980,321		9,584,428		5,841,023
1.10%		218,843		15,646,933		1,427,981		7,752,062		2,168,688
1.15%		20		—		81		—		—
1.20%		323,903		11,886,904		1,109,159		2,629,889		3,041,151
1.25%		—		64,643,344		—		34,044,911		—
1.25%		—		2,879,506		—		1,188,334		445,238
1.25%		—		—		—		—		—
1.25%		—		—		—		—		7,861,163
1.25%		—		—		—		—		—
1.25%		21,034		—		153,299		—		—
1.30%		584,698		6,560,784		789,057		2,638,538		1,793,141
1.35%		252,590		—		694,917		—		—
1.40%		21		—		8,416		—		—
1.45%		31,584		2,077,385		394,905		524,437		471,555
1.50%		21		—		36,976		—		—
1.55%		11,247		—		14,690		—		—
1.60%		21		—		11,435		—		—
1.65%		10,400		—		41,655		—		—
1.70%		21		—		27,557		—		—
1.75%		20		—		152		—		—
1.80%		20		—		79		—		—
1.85%		20		—		79		—		—
1.90%		20		—		79		—		—
Total	$	3,510,772	$	552,054,530	$	14,749,666	$	164,138,914	$	93,742,694



96		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	Col VP Govt Money Mkt, Cl 3		Col VP Hi Yield Bond, Cl 3		Col VP Inc Opp, Cl 3		Col VP Inter Bond, Cl 3		Col VP Lg Cap Gro, Cl 3
0.55%	$	3,306,719	$	1,319,741	$	1,612,662	$	1,212,903	$	1,259,878
0.60%		—		—		—		—		—
0.75%		40,388,017		88,485,810		52,576,524		128,404,455		70,738,595
0.85%		12,002,367		21,765,884		23,385,975		32,741,122		9,027,680
0.95%		27,386,681		68,941,853		38,305,233		101,308,313		37,424,949
1.00%		4,413,594		9,809,006		8,865,633		13,751,534		6,034,860
1.05%		7,429,380		15,388,426		15,137,360		25,504,553		4,683,075
1.10%		4,216,430		6,329,320		6,694,605		8,406,522		2,369,159
1.15%		—		—		—		—		—
1.20%		1,727,806		7,114,232		6,407,502		11,752,758		2,618,233
1.25%		—		—		—		—		—
1.25%		1,892,726		930,960		—		1,485,707		—
1.25%		—		—		—		—		—
1.25%		—		27,652,043		—		—		—
1.25%		14,921,686		—		—		31,817,778		—
1.25%		—		—		1,264,837		—		462,265
1.30%		1,431,586		3,505,359		4,577,965		6,048,237		736,976
1.35%		—		—		—		—		—
1.40%		—		—		—		—		—
1.45%		992,319		2,369,523		1,599,562		2,095,600		124,415
1.50%		—		—		—		—		—
1.55%		—		—		—		—		—
1.60%		—		—		—		—		—
1.65%		—		—		—		—		—
1.70%		—		—		—		—		—
1.75%		—		—		—		—		—
1.80%		—		—		—		—		—
1.85%		—		—		—		—		—
1.90%		—		—		—		—		—
Total	$	120,109,311	$	253,612,157	$	160,427,858	$	364,529,482	$	135,480,085

Subaccount	Col VP Lg Cap Index, Cl 3		Col VP Limited Duration Cr, Cl 2		Col VP Long Govt/Cr Bond, Cl 2		Col VP Mid Cap Gro, Cl 3		Col VP Mid Cap Val, Cl 3
0.55%	$	533,564	$	77,280	$	70,058	$	202,106	$	622,067
0.60%		25		81		84		—		—
0.75%		72,360,033		4,711,946		2,496,058		27,188,568		20,092,297
0.85%		22,187,632		2,474,850		1,432,209		4,336,004		14,790,342
0.95%		98,106,926		10,824,308		5,300,887		15,543,868		13,409,052
1.00%		13,836,626		931,340		718,187		1,638,623		2,669,843
1.05%		13,265,362		2,110,347		1,178,286		2,472,462		7,037,481
1.10%		30,118,234		2,032,538		1,047,364		1,163,876		4,098,216
1.15%		178,237		21,319		83		—		—
1.20%		20,355,504		2,957,962		853,779		812,833		1,213,534
1.25%		—		—		—		—		—
1.25%		—		—		—		89,528		—
1.25%		—		—		—		26,791,755		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1,499,903		271,241		101,640		—		337,994
1.30%		20,282,289		1,578,549		527,953		483,540		1,774,907
1.35%		13,093,155		2,351,345		764,397		—		—
1.40%		918,369		365,155		61,226		—		—
1.45%		3,446,298		627,462		388,084		77,401		327,754
1.50%		1,469,537		380,654		171,564		—		—
1.55%		356,208		58,397		27,370		—		—
1.60%		371,492		26,547		11,398		—		—
1.65%		273,643		93,438		82		—		—
1.70%		733,185		304,299		20,759		—		—
1.75%		28,841		10,468		7,999		—		—
1.80%		13,507		88		82		—		—
1.85%		175,515		46,212		82		—		—
1.90%		17,884		79		82		—		—
Total	$	313,621,969	$	32,255,905	$	15,179,713	$	80,800,564	$	66,373,487



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			97


Subaccount	Col VP Overseas Core, Cl 3		Col VP Select Lg Cap Val, Cl 3		Col VP Select Sm Cap Val, Cl 3		Col VP US Govt Mtge, Cl 3		CS Commodity Return
0.55%	$	681,953	$	148,360	$	319,100	$	155,777	$	207,533
0.60%		—		—		—		—		—
0.75%		24,678,519		13,664,108		20,660,332		31,584,809		5,616,338
0.85%		8,587,155		5,284,551		3,264,945		7,627,915		2,430,378
0.95%		15,769,218		10,996,998		13,061,601		27,096,981		4,341,279
1.00%		2,927,967		1,687,170		2,446,538		3,326,847		1,524,725
1.05%		5,205,459		4,757,207		2,514,694		4,673,768		1,762,341
1.10%		4,023,358		1,391,126		1,430,688		1,652,963		1,239,995
1.15%		—		—		—		—		—
1.20%		1,669,610		935,767		820,594		3,112,831		761,882
1.25%		—		—		—		—		—
1.25%		753,146		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		28,501,800		—		—		—		—
1.25%		—		104,980		165,501		346,093		130,949
1.30%		1,651,889		696,647		864,767		1,340,474		563,355
1.35%		—		—		—		—		—
1.40%		—		—		—		—		—
1.45%		205,129		140,522		46,418		823,823		162,206
1.50%		—		—		—		—		—
1.55%		—		—		—		—		—
1.60%		—		—		—		—		—
1.65%		—		—		—		—		—
1.70%		—		—		—		—		—
1.75%		—		—		—		—		—
1.80%		—		—		—		—		—
1.85%		—		—		—		—		—
1.90%		—		—		—		—		—
Total	$	94,655,203	$	39,807,436	$	45,595,178	$	81,742,281	$	18,740,981

Subaccount	CTIVP AQR Man Fut Strategy, Cl 2		CTIVP BR Gl Infl Prot Sec, Cl 3		CTIVP Lazard Intl Eq Adv, Cl 2		CTIVP Loomis Sayles Gro, Cl 1		CTIVP MFS Blend Res Core Eq, Cl 3
0.55%	$	524,136	$	623,058	$	76,418	$	710,954	$	195,838
0.60%		74		—		96		—		—
0.75%		3,662,516		32,757,316		1,433,845		45,708,766		9,586,585
0.85%		1,503,887		10,738,732		1,142,698		28,985,395		8,344,347
0.95%		5,757,661		24,548,556		6,076,367		29,322,306		5,867,334
1.00%		1,140,095		4,690,494		448,122		6,111,596		751,765
1.05%		1,326,932		6,858,535		1,022,915		14,862,722		3,604,729
1.10%		2,117,935		2,409,326		1,670,835		8,341,048		1,551,537
1.15%		5,141		—		93		—		—
1.20%		860,757		3,903,461		1,613,335		2,600,377		637,658
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		192,515		674,791		68,786		1,558,033		226,301
1.30%		745,958		2,137,877		1,237,099		3,368,069		1,204,767
1.35%		980,111		—		664,590		—		—
1.40%		73		—		23,025		—		—
1.45%		291,019		1,058,226		106,595		941,086		217,802
1.50%		95,584		—		52,984		—		—
1.55%		19,764		—		24,640		—		—
1.60%		54,589		—		18,280		—		—
1.65%		9,678		—		16,933		—		—
1.70%		22,276		—		16,577		—		—
1.75%		138		—		91		—		—
1.80%		72		—		57,840		—		—
1.85%		1,395		—		91		—		—
1.90%		72		—		91		—		—
Total	$	19,312,378	$	90,400,372	$	15,772,346	$	142,510,352	$	32,188,663



98		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	CTIVP Vty Sycamore Estb Val, Cl 3		CTIVP WF Short Duration Govt, Cl 2		Deutsche Alt Asset Alloc VIP, Cl B		EV VT Floating-Rate Inc, Init Cl		Fid VIP Contrafund, Serv Cl 2
0.55%	$	264,819	$	16,701	$	30,486	$	2,900,608	$	2,394,952
0.60%		—		75		84		—		197
0.75%		12,277,156		3,254,727		3,895,708		44,326,806		115,015,090
0.85%		5,722,650		1,559,235		1,822,862		19,632,497		62,108,827
0.95%		7,789,736		6,880,011		6,275,488		38,075,260		112,385,985
1.00%		2,190,923		384,789		458,442		7,272,497		19,187,077
1.05%		3,512,084		585,114		1,601,992		13,451,480		39,654,064
1.10%		1,867,328		1,462,702		1,144,360		7,905,660		40,781,342
1.15%		—		4,871		2,166		—		108,754
1.20%		847,626		1,938,703		1,158,648		4,589,416		21,096,881
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		329,900		93,438		170,138		1,756,026		6,206,709
1.30%		884,874		1,294,420		739,958		5,804,008		19,512,722
1.35%		—		902,687		805,693		—		11,925,520
1.40%		—		70,935		209,579		—		1,206,672
1.45%		166,287		395,797		175,202		2,763,187		6,182,893
1.50%		—		177,466		205,024		—		1,908,784
1.55%		—		132,117		42,685		—		247,102
1.60%		—		15,488		28,493		—		271,545
1.65%		—		62,801		21,975		—		335,010
1.70%		—		67,811		66,834		—		443,683
1.75%		—		76		961		—		15,618
1.80%		—		11,065		79		—		50,640
1.85%		—		24,612		15,399		—		78,929
1.90%		—		74		77		—		49,736
Total	$	35,853,383	$	19,335,715	$	18,872,333	$	148,477,445	$	461,168,732

Subaccount	Fid VIP Gro & Inc, Serv Cl		Fid VIP Mid Cap, Serv Cl		Fid VIP Overseas, Serv Cl		Fid VIP Strategic Inc, Serv Cl 2		Frank Global Real Est, Cl 2
0.55%	$	377,234	$	570,220	$	28,632	$	273,117	$	696,184
0.60%		—		—		—		85		—
0.75%		26,630,279		52,838,811		7,794,674		22,049,488		44,451,593
0.85%		—		—		—		10,324,899		8,929,524
0.95%		18,462,837		37,918,569		5,833,842		34,399,845		27,539,578
1.00%		—		—		—		4,532,399		5,814,725
1.05%		—		—		—		10,934,330		4,057,212
1.10%		—		—		—		11,192,928		3,335,833
1.15%		—		—		—		41,804		—
1.20%		—		—		—		6,981,712		2,491,551
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		1,727,278		329,410
1.30%		—		—		—		5,360,974		2,165,985
1.35%		—		—		—		4,757,539		—
1.40%		—		—		—		221,331		—
1.45%		—		—		—		2,296,252		284,599
1.50%		—		—		—		1,048,338		—
1.55%		—		—		—		110,275		—
1.60%		—		—		—		303,744		—
1.65%		—		—		—		194,928		—
1.70%		—		—		—		275,853		—
1.75%		—		—		—		85		—
1.80%		—		—		—		85		—
1.85%		—		—		—		70,055		—
1.90%		—		—		—		63,134		—
Total	$	45,470,350	$	91,327,600	$	13,657,148	$	117,160,478	$	100,096,194



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			99


Subaccount	Frank Inc, Cl 2		Frank Sm Cap Val, Cl 2		GS VIT Mid Cap Val, Inst		GS VIT Multi-Strategy Alt, Advisor		GS VIT Sm Cap Eq Insights, Inst
0.55%	$	142,506	$	952,197	$	1,378,856	$	371,533	$	246,320
0.60%		95		149		—		71		—
0.75%		6,631,537		46,922,117		81,527,981		476,180		3,954,239
0.85%		4,764,938		13,399,832		—		228,626		—
0.95%		15,961,261		38,627,634		49,755,502		1,882,399		2,529,807
1.00%		1,068,356		6,910,778		11,778,797		45,012		—
1.05%		3,096,796		6,410,564		—		318,531		—
1.10%		10,084,905		8,132,118		—		583,105		—
1.15%		92		53,604		—		70		—
1.20%		5,419,223		7,515,374		5,356,974		495,397		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		387,230		374,270		—		11,267		—
1.30%		3,106,987		4,039,075		—		440,148		—
1.35%		4,300,459		3,452,301		—		216,167		—
1.40%		257,340		391,057		—		13,411		—
1.45%		2,268,616		442,593		—		90,882		—
1.50%		353,168		404,274		—		12,833		—
1.55%		90,726		60,328		—		77		—
1.60%		123,930		134,117		—		1,794		—
1.65%		146,832		34,945		—		9,289		—
1.70%		292,817		192,001		—		1,541		—
1.75%		15,117		165		—		75		—
1.80%		24,670		657		—		69		—
1.85%		133,630		10,958		—		24,886		—
1.90%		89		126		—		68		—
Total	$	58,671,320	$	138,461,234	$	149,798,110	$	5,223,431	$	6,730,366

Subaccount	GS VIT U.S. Eq Insights, Inst		Invesco VI Am Fran, Ser I		Invesco VI Bal Risk Alloc, Ser II		Invesco VI Comstock, Ser II		Invesco VI Hlth, Ser II
0.55%	$	1,048,086	$	4,331	$	245,241	$	1,155,333	$	636,111
0.60%		—		—		90		—		—
0.75%		58,572,631		8,553,117		6,023,096		62,000,715		12,726,385
0.85%		8,799,862		—		2,839,566		12,925,862		9,393,291
0.95%		38,165,623		4,733,346		12,847,946		33,478,669		7,969,431
1.00%		6,665,621		—		2,613,799		14,533,806		1,902,704
1.05%		5,510,502		—		2,541,958		6,821,776		5,389,964
1.10%		1,700,433		—		6,247,723		3,967,962		3,918,884
1.15%		—		—		2,924		—		—
1.20%		2,885,920		—		3,709,732		5,901,049		629,798
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		519,261		—		273,207		734,247		384,919
1.30%		1,030,882		—		4,618,298		2,714,064		1,297,509
1.35%		—		—		2,116,514		—		—
1.40%		—		—		301,161		—		—
1.45%		164,861		—		1,058,758		581,948		321,245
1.50%		—		—		505,335		—		—
1.55%		—		—		8,640		—		—
1.60%		—		—		213,032		—		—
1.65%		—		—		190,185		—		—
1.70%		—		—		95,653		—		—
1.75%		—		—		380,565		—		—
1.80%		—		—		78		—		—
1.85%		—		—		61,127		—		—
1.90%		—		—		85		—		—
Total	$	125,063,682	$	13,290,794	$	46,894,713	$	144,815,431	$	44,570,241



100		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT



Subaccount	Invesco VI Intl Gro, Ser II		Invesco VI Mid Cap Gro, Ser I		Ivy VIP Asset Strategy		Janus Henderson Enterprise, Serv		Janus Henderson Flex Bond, Serv
0.55%	$	589,681	$	134,232	$	16,490	$	63,555	$	48,716
0.60%		—		—		86		—		80
0.75%		26,641,094		11,669,830		1,437,051		10,215,653		7,547,335
0.85%		12,158,088		—		1,588,769		—		5,843,355
0.95%		21,622,629		7,893,827		4,518,568		5,560,000		17,214,968
1.00%		3,604,316		591,795		622,537		—		1,213,742
1.05%		6,654,610		—		978,593		—		3,641,407
1.10%		3,547,480		—		2,845,031		—		5,028,590
1.15%		—		—		84		—		135,025
1.20%		1,382,708		335,991		1,048,699		—		3,797,915
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		546,409		—		121,108		—		337,588
1.30%		1,308,653		—		1,157,864		—		2,218,870
1.35%		—		—		935,299		—		1,655,145
1.40%		—		—		77		—		173,094
1.45%		318,787		—		695,339		—		1,001,038
1.50%		—		—		80,983		—		160,717
1.55%		—		—		25,234		—		22,820
1.60%		—		—		22,002		—		69,069
1.65%		—		—		87		—		57,521
1.70%		—		—		27,085		—		83,174
1.75%		—		—		8,709		—		13,613
1.80%		—		—		74		—		30,535
1.85%		—		—		109		—		1,827
1.90%		—		—		81		—		38,690
Total	$	78,374,455	$	20,625,675	$	16,129,959	$	15,839,208	$	50,334,834

Subaccount	Janus Henderson Gbl Alloc Mod, Srv		Janus Henderson Global Tech, Serv		Janus Henderson Overseas, Serv		Janus Henderson Res, Serv		Lazard Ret Global Dyn MA, Serv
0.55%	$	107	$	111,170	$	121,906	$	362,400	$	177,851
0.60%		107		—		—		200		103
0.75%		673,736		14,748,668		14,479,823		10,611,946		2,624,092
0.85%		417,482		—		—		9,772,957		1,372,329
0.95%		2,396,889		8,579,618		10,776,259		11,080,340		4,043,195
1.00%		2,689		556,531		476,882		1,592,717		555,121
1.05%		271,995		—		—		4,582,592		1,088,742
1.10%		961,852		—		—		3,777,860		2,237,959
1.15%		103		—		—		31,292		101
1.20%		670,591		234,042		267,684		1,803,559		1,468,759
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		6,073		—		—		395,542		145,024
1.30%		223,239		—		—		1,605,478		1,913,911
1.35%		580,532		—		—		1,314,152		693,504
1.40%		14,959		—		—		8,480		89
1.45%		130,277		—		—		570,356		141,981
1.50%		85,628		—		—		284,311		56,899
1.55%		77		—		—		51,908		18,048
1.60%		76		—		—		58,979		119,719
1.65%		326,187		—		—		205		108
1.70%		19,360		—		—		44,478		167,860
1.75%		100		—		—		219		99
1.80%		5,893		—		—		10,230		50,371
1.85%		10,259		—		—		6,305		28,939
1.90%		99		—		—		185		97
Total	$	6,798,310	$	24,230,029	$	26,122,554	$	47,966,691	$	16,904,901



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			101


Subaccount	MFS Mass Inv Gro Stock, Serv Cl		MFS New Dis, Serv Cl		MFS Utilities, Serv Cl		MS VIF Global Real Est, Cl II		MS VIF Mid Cap Gro, Cl II
0.55%	$	188,720	$	204,382	$	1,159,541	$	317,882	$	246,258
0.60%		—		—		155		—		119
0.75%		27,985,488		19,475,492		52,038,539		11,305,298		5,931,387
0.85%		4,230,080		—		24,596,928		6,840,157		4,791,516
0.95%		16,816,649		11,741,187		46,675,977		8,545,947		7,302,463
1.00%		3,934,160		1,659,435		7,945,333		2,356,263		1,184,359
1.05%		3,788,930		—		13,378,517		4,502,155		3,319,289
1.10%		2,857,095		—		12,315,016		2,335,428		2,996,177
1.15%		—		—		11,076		—		6,536
1.20%		1,465,677		1,009,883		8,333,999		963,336		1,463,367
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		615,161		—		1,219,095		375,747		549,629
1.30%		952,502		—		4,855,360		1,160,204		1,402,668
1.35%		—		—		2,990,256		—		655,517
1.40%		—		—		757,216		—		96,576
1.45%		339,668		—		1,578,318		401,806		211,066
1.50%		—		—		1,412,375		—		123,430
1.55%		—		—		208,613		—		14,999
1.60%		—		—		174,334		—		13,988
1.65%		—		—		124,925		—		20,984
1.70%		—		—		139,261		—		1,790
1.75%		—		—		25,592		—		80
1.80%		—		—		59,293		—		70,125
1.85%		—		—		143,589		—		110
1.90%		—		—		143		—		109
Total	$	63,174,130	$	34,090,379	$	180,143,451	$	39,104,223	$	30,402,542

Subaccount	NB AMT Intl Eq, Cl S		NB AMT US Eq Index PW Strat, Cl S		Oppen Global VA, Serv		Oppen Global Strategic Inc VA, Srv		Oppen Main St Sm Cap VA, Serv
0.55%	$	136,155	$	76,692	$	610,354	$	1,756,795	$	723,023
0.60%		—		73		249		81		155
0.75%		4,107,713		198,815		34,636,773		100,212,629		22,181,401
0.85%		2,991,365		175,834		13,884,527		37,103,252		10,904,858
0.95%		3,414,168		1,028,410		34,373,601		82,374,515		26,215,037
1.00%		584,480		5,130		7,895,055		15,299,787		5,851,693
1.05%		1,407,866		92,211		9,516,479		27,441,649		10,350,734
1.10%		1,299,321		484,571		9,415,529		14,048,709		8,623,248
1.15%		—		71		14,454		5,451		150
1.20%		194,924		397,053		7,735,227		11,220,980		6,624,343
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		152,835		71		1,425,160		2,174,744		468,296
1.30%		732,942		476,872		4,479,779		10,085,332		5,046,273
1.35%		—		167,504		4,556,277		1,097,052		3,016,948
1.40%		—		19,961		141,436		78		280,628
1.45%		128,660		137,643		883,262		3,332,000		695,870
1.50%		—		94		446,259		94,455		403,645
1.55%		—		79		237,430		60,340		133,215
1.60%		—		71		197,404		15,833		146,596
1.65%		—		71		91,372		31,056		50,214
1.70%		—		1,172		91,954		138,187		28,424
1.75%		—		8,551		1,404		77		131
1.80%		—		9,938		60,226		81		2,992
1.85%		—		71		232		27,992		1,122
1.90%		—		71		232		77		7,109
Total	$	15,150,429	$	3,281,029	$	130,694,675	$	306,521,152	$	101,756,105



102		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	PIMCO VIT All Asset, Advisor Cl		PIMCO VIT Glb MA Man Alloc, Adv Cl		PIMCO VIT Tot Return, Advisor Cl		Put VT Sus Leaders, Cl IB		Royce Micro-Cap, Invest Cl
0.55%	$	323,267	$	4,163	$	61,400	$	45,497	$	63,163
0.60%		92		86		2,243		—		—
0.75%		23,537,094		638,396		3,838,893		17,071,494		8,446,359
0.85%		12,335,074		122,719		2,004,210		—		—
0.95%		24,213,150		1,145,441		9,329,238		10,760,866		6,510,741
1.00%		3,737,693		61,184		673,937		701,349		—
1.05%		10,049,349		628,268		2,084,058		—		—
1.10%		5,137,704		730,197		4,727,044		—		—
1.15%		84		84		2,185		—		—
1.20%		4,183,274		297,074		2,015,180		541,070		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		1,147,683		800		34,766		—		—
1.30%		3,904,326		570,185		1,509,403		—		—
1.35%		806,394		321,397		2,229,929		—		—
1.40%		110,323		259,377		17,725		—		—
1.45%		1,065,092		32,157		684,873		—		—
1.50%		451,697		64,948		182,737		—		—
1.55%		87,195		1,069		60,380		—		—
1.60%		35,934		119		5,410		—		—
1.65%		101,589		29,790		144,287		—		—
1.70%		9,030		6,032		34,113		—		—
1.75%		80,614		81		119,611		—		—
1.80%		20,376		81		2,121		—		—
1.85%		86		81		79,018		—		—
1.90%		86		80		2,110		—		—
Total	$	91,337,206	$	4,913,809	$	29,844,871	$	29,120,276	$	15,020,263

Subaccount	Temp Global Bond, Cl 2		Third Ave Val		VanEck VIP Global Gold, Cl S		VP Aggr, Cl 2		VP Aggr, Cl 4
0.55%	$	168,995	$	64,486	$	106,507	$	2,941,081	$	5,634,453
0.60%		98		—		139		3,086		—
0.75%		5,816,481		9,411,308		2,256,164		81,357,721		112,704,842
0.85%		4,423,753		—		1,689,611		454,212,210		385,838,775
0.95%		11,827,307		7,597,769		3,321,864		312,445,444		58,051,330
1.00%		1,633,446		—		613,058		12,449,891		14,795,601
1.05%		2,084,669		—		834,080		33,436,927		127,801,488
1.10%		3,755,964		—		1,815,998		68,063,189		75,461,892
1.15%		95		—		128		252,403		—
1.20%		2,188,793		—		791,739		142,069,060		4,867,665
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		204,567		—		83,678		3,284,735		6,939,933
1.30%		1,599,752		—		567,149		32,890,967		16,324,266
1.35%		1,400,128		—		421,513		17,062,376		—
1.40%		33,782		—		5,371		8,995,489		—
1.45%		513,899		—		60,629		7,710,946		1,837,002
1.50%		265,900		—		93,833		2,772,882		—
1.55%		1,843		—		119		1,076,036		—
1.60%		38,684		—		71,528		1,166,807		—
1.65%		48,999		—		9,863		4,281,862		—
1.70%		123,008		—		1,195		721,021		—
1.75%		33,108		—		9,923		599,554		—
1.80%		30,133		—		4,058		23		—
1.85%		12,111		—		133		367,218		—
1.90%		75		—		133		50		—
Total	$	36,205,590	$	17,073,563	$	12,758,413	$	1,188,160,978	$	810,257,247



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			103


Subaccount	VP Conserv, Cl 2		VP Conserv, Cl 4		VP Man Risk, Cl 2		VP Man Risk US, Cl 2		VP Man Vol Conserv, Cl 2
0.55%	$	1,477,563	$	816,304	$	12,033	$	116	$	22
0.60%		44		—		21		21		22
0.75%		38,840,712		50,184,798		364,852		97,899		5,575,825
0.85%		98,175,329		214,890,275		694,252		1,239,091		39,536,747
0.95%		118,445,452		50,535,037		10,783,648		4,745,955		219,045,848
1.00%		6,575,334		6,984,628		48,621		1,064		302,241
1.05%		27,358,417		133,312,439		270,874		114,088		17,647,928
1.10%		25,906,100		50,687,744		3,801,213		3,400,543		87,439,330
1.15%		14,048		—		21		21		22
1.20%		61,760,552		5,350,350		114,732		297,410		11,780,894
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		3,300,903		6,467,637		37,999		21		75,280
1.30%		33,535,858		33,996,141		609,532		440,150		11,331,068
1.35%		12,464,686		—		327,313		329,744		10,443,628
1.40%		9,868,014		—		21		21		1,619,426
1.45%		9,816,074		12,640,854		21		21		3,660,774
1.50%		2,938,655		—		1,699		21		1,042,227
1.55%		4,606,193		—		13,093		21		23
1.60%		1,247,430		—		21		21		27,836
1.65%		4,311,307		—		21		21		195,365
1.70%		3,952,735		—		21		21		803,726
1.75%		607,082		—		21		21		22
1.80%		1,354,758		—		21		21		22
1.85%		419,914		—		21		21		2,272,918
1.90%		24		—		21		21		22
Total	$	466,977,184	$	565,866,207	$	17,080,092	$	10,666,354	$	412,801,216

Subaccount	VP Man Vol Conserv Gro, Cl 2		VP Man Vol Gro, Cl 2		VP Man Vol Mod Gro, Cl 2		VP Mod, Cl 2		VP Mod, Cl 4
0.55%	$	416,868	$	8,584,529	$	2,377,960	$	5,486,989	$	10,500,791
0.60%		22		23		23		23		—
0.75%		18,603,889		236,045,898		151,686,842		373,263,504		835,080,368
0.85%		99,964,148		1,496,826,066		1,005,797,173		2,345,797,129		4,140,902,486
0.95%		662,223,914		4,717,685,635		7,190,194,078		1,946,215,658		552,983,358
1.00%		2,103,444		26,472,500		21,460,675		53,367,270		115,824,695
1.05%		42,757,242		496,032,286		1,394,285,238		190,749,902		1,621,805,122
1.10%		313,158,283		1,809,075,640		2,356,311,897		359,899,628		933,338,050
1.15%		29		3,502,978		11,810,395		1,110,191		—
1.20%		46,915,435		302,102,849		406,131,040		1,127,477,219		55,335,519
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		12,213		201,424		520,242		21,440,616		31,990,687
1.30%		41,777,965		127,323,667		436,174,734		238,763,291		373,056,650
1.35%		39,458,071		160,487,713		266,958,627		123,631,207		—
1.40%		1,327,041		4,579,716		36,195,305		68,634,956		—
1.45%		8,909,216		13,164,351		33,454,512		106,558,956		28,023,601
1.50%		1,560,829		6,895,650		22,810,671		26,158,745		—
1.55%		263,380		2,974,275		16,672,571		14,281,144		—
1.60%		511,877		3,628,528		8,606,185		17,087,875		—
1.65%		336,878		1,217,016		4,688,870		28,113,717		—
1.70%		2,512,296		716,020		9,631,925		15,614,427		—
1.75%		33,251		29,235		4,325,142		4,883,177		—
1.80%		17,820		24		12,083		1,098,381		—
1.85%		455,468		102,160		492,013		3,548,852		—
1.90%		22		24		55,359		25		—
Total	$	1,283,319,601	$	9,417,648,207	$	13,380,653,560	$	7,073,182,882	$	8,698,841,327



104		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


Subaccount	VP Mod Aggr, Cl 2		VP Mod Aggr, Cl 4		VP Mod Conserv, Cl 2		VP Mod Conserv, Cl 4		VP Ptnrs Sm Cap Val, Cl 3
0.55%	$	2,669,443	$	11,811,248	$	2,211,770	$	3,316,368	$	323,910
0.60%		23		—		22		—		—
0.75%		230,861,752		401,696,452		107,475,171		178,360,848		40,567,581
0.85%		1,400,378,106		1,334,790,271		303,713,954		639,552,099		7,153,007
0.95%		1,034,713,624		244,800,124		387,955,093		141,621,073		22,045,791
1.00%		30,077,087		48,152,974		17,513,350		22,849,855		4,741,988
1.05%		105,520,939		501,734,242		58,474,529		325,319,378		3,784,987
1.10%		226,595,828		240,207,444		78,081,617		187,323,340		1,510,739
1.15%		427,373		—		899,137		—		—
1.20%		474,886,975		13,987,916		176,826,038		15,591,633		2,317,670
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		12,109,200		27,547,265		6,462,897		13,078,237		247,212
1.30%		110,861,897		70,485,053		73,645,520		108,681,026		651,155
1.35%		62,059,003		—		32,228,367		—		—
1.40%		24,279,919		—		22,851,157		—		—
1.45%		41,566,355		5,038,238		29,853,587		21,222,864		271,057
1.50%		14,001,547		—		5,901,509		—		—
1.55%		3,774,288		—		7,896,394		—		—
1.60%		6,547,022		—		7,734,967		—		—
1.65%		10,843,900		—		8,774,279		—		—
1.70%		5,520,220		—		6,609,939		—		—
1.75%		720,823		—		3,027,485		—		—
1.80%		635,933		—		2,222,658		—		—
1.85%		363,248		—		2,595,388		—		—
1.90%		46		—		1,060,827		—		—
Total	$	3,799,414,551	$	2,900,251,227	$	1,344,015,655	$	1,656,916,721	$	83,615,097

Subaccount	VP US Flex Conserv Gro, Cl 2		VP US Flex Gro, Cl 2		VP US Flex Mod Gro, Cl 2		Wanger Intl		Wanger USA
0.55%	$	21	$	117	$	21	$	2,186,114	$	1,371,681
0.60%		22		24		23		—		—
0.75%		78,529		559,735		594,478		90,761,061		120,251,993
0.85%		2,743,582		30,678,961		16,514,803		26,325,710		22,606,913
0.95%		51,245,148		624,703,016		441,975,180		56,865,500		73,871,838
1.00%		21		47,719		42,355		14,763,003		19,081,552
1.05%		1,061,338		34,299,603		15,231,457		14,246,910		13,470,718
1.10%		15,289,621		198,242,396		152,628,141		8,604,533		7,358,469
1.15%		22		489,585		23		—		—
1.20%		1,975,857		23,217,090		16,003,137		5,854,612		7,050,455
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		—		—		—		—		—
1.25%		22		30,325		23		1,195,305		1,294,014
1.30%		2,739,493		12,354,784		15,420,033		2,829,526		2,786,896
1.35%		1,371,753		16,914,206		10,115,307		—		—
1.40%		22		1,401,703		1,110,880		—		—
1.45%		396,278		2,079,956		4,350,272		678,476		679,116
1.50%		125,248		101,790		486,705		—		—
1.55%		22		259,924		103,908		—		—
1.60%		22		698,865		277,110		—		—
1.65%		22		1,467,398		150,118		—		—
1.70%		38,744		389,181		598,163		—		—
1.75%		22		188,397		293,120		—		—
1.80%		20,839		56,593		21,005		—		—
1.85%		22		24		23		—		—
1.90%		22		24		23		—		—
Total	$	77,086,692	$	948,181,416	$	675,916,308	$	224,310,750	$	269,823,645



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			105


Subaccount	WF VT Index Asset Alloc, Cl 2		WF VT Intl Eq, Cl 2		WF VT Sm Cap Gro, Cl 2		WA Var Global Hi Yd Bond, Cl II
0.55%	$	226	$	253,635	$	110,703	$	38,052
0.60%		—		—		137		86
0.75%		15,886,427		12,790,347		16,356,298		1,743,787
0.85%		—		5,576,960		9,284,360		573,056
0.95%		9,025,087		11,299,650		19,395,570		3,773,813
1.00%		1,632,462		2,700,649		2,589,556		196,813
1.05%		—		2,966,373		6,246,980		418,542
1.10%		—		1,760,219		5,521,966		966,802
1.15%		—		—		2,989		83
1.20%		799,132		1,458,421		3,483,751		550,471
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		—		—		—
1.25%		—		388,472		351,399		200,016
1.30%		—		1,180,429		2,572,463		654,122
1.35%		—		—		2,847,457		476,970
1.40%		—		—		146,401		95
1.45%		—		300,002		447,763		571,173
1.50%		—		—		312,649		13,832
1.55%		—		—		10,430		15,808
1.60%		—		—		133,582		4,962
1.65%		—		—		22,192		13,310
1.70%		—		—		53,723		10,675
1.75%		—		—		760		82
1.80%		—		—		55,369		82
1.85%		—		—		168		1,627
1.90%		—		—		127		82
Total	$	27,343,334	$	40,675,157	$	69,946,793	$	10,224,341

9. FINANCIAL HIGHLIGHTS

The table below shows certain financial information regarding the divisions.


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
AB VPS Dyn Asset Alloc, Cl B
2017		7,130		$1.27	to	$1.19		$8,841		1.80	%		0.55	%	to	1.90	%		13.70	%	to	12.17	%
2016		6,933		$1.12	to	$1.06		$7,612		0.59	%		0.55	%	to	1.90	%		2.80	%	to	1.43	%
2015		7,149		$1.09	to	$1.05		$7,673		0.72	%		0.55	%	to	1.90	%		(1.84	%)	to	(3.16	%)
2014		4,422		$1.11	to	$1.08		$4,862		0.40	%		0.55	%	to	1.90	%		3.64	%	to	2.24	%
2013		3,436		$1.07	to	$1.06		$3,664		0.27	%		0.55	%	to	1.90	%		5.02	%⁽⁵⁾	to	4.05	%⁽⁵⁾
AB VPS Global Thematic Gro, Cl B
2017		4,683		$1.91	to	$1.74		$8,645		0.28	%		0.55	%	to	1.45	%		35.55	%	to	34.34	%
2016		4,682		$1.41	to	$1.29		$6,365		—			0.55	%	to	1.45	%		(1.42	%)	to	(2.30	%)
2015		5,933		$1.43	to	$1.32		$8,205		—			0.55	%	to	1.45	%		2.08	%	to	1.17	%
2014		6,468		$1.40	to	$1.31		$8,797		—			0.55	%	to	1.45	%		4.23	%	to	3.30	%
2013		6,956		$1.34	to	$1.27		$9,114		0.02	%		0.55	%	to	1.45	%		22.25	%	to	21.16	%
AB VPS Gro & Inc, Cl B
2017		36,558		$2.55	to	$2.06		$87,981		1.25	%		0.55	%	to	1.45	%		17.95	%	to	16.89	%
2016		43,394		$2.16	to	$1.76		$88,721		0.82	%		0.55	%	to	1.45	%		10.46	%	to	9.48	%
2015		52,090		$1.96	to	$1.61		$96,796		1.16	%		0.55	%	to	1.45	%		0.87	%	to	(0.03	%)
2014		60,620		$1.94	to	$1.61		$112,029		1.10	%		0.55	%	to	1.45	%		8.69	%	to	7.72	%
2013		71,637		$1.79	to	$1.49		$122,245		1.14	%		0.55	%	to	1.45	%		33.85	%	to	32.66	%



106		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
AB VPS Intl Val, Cl B
2017		78,291		$2.23	to	$0.98		$136,442		1.91	%		0.55	%	to	1.45	%		24.41	%	to	23.30	%
2016		90,606		$1.79	to	$0.79		$127,863		1.04	%		0.55	%	to	1.45	%		(1.34	%)	to	(2.22	%)
2015		106,605		$1.81	to	$0.81		$154,352		2.13	%		0.55	%	to	1.45	%		1.84	%	to	0.93	%
2014		121,352		$1.78	to	$0.80		$174,668		3.23	%		0.55	%	to	1.45	%		(6.97	%)	to	(7.81	%)
2013		141,035		$1.91	to	$0.87		$221,774		5.77	%		0.55	%	to	1.45	%		22.06	%	to	20.96	%
ALPS Alerian Engy Infr, Class III
2017		46,826		$1.01	to	$0.95		$46,485		1.84	%		0.55	%	to	1.90	%		(1.38	%)	to	(2.70	%)
2016		48,709		$1.03	to	$0.98		$49,295		2.28	%		0.55	%	to	1.90	%		40.03	%	to	38.16	%
2015		47,078		$0.73	to	$0.71		$34,207		0.73	%		0.55	%	to	1.90	%		(38.26	%)	to	(39.10	%)
2014		40,641		$1.19	to	$1.16		$48,082		0.17	%		0.55	%	to	1.90	%		11.30	%	to	9.79	%
2013		14,759		$1.07	to	$1.06		$15,720		—			0.55	%	to	1.90	%		6.81	%⁽⁶⁾	to	5.84	%⁽⁶⁾
AC VP Intl, Cl I
2017		5,612		$1.88	to	$1.75		$10,081		0.88	%		0.55	%	to	0.95	%		30.49	%	to	29.97	%
2016		6,356		$1.44	to	$1.35		$8,770		1.11	%		0.55	%	to	0.95	%		(6.02	%)	to	(6.39	%)
2015		7,580		$1.54	to	$1.44		$11,149		0.38	%		0.55	%	to	0.95	%		0.21	%	to	(0.19	%)
2014		8,407		$1.53	to	$1.44		$12,375		1.70	%		0.55	%	to	0.95	%		(6.03	%)	to	(6.40	%)
2013		9,425		$1.63	to	$1.54		$14,797		1.74	%		0.55	%	to	0.95	%		21.74	%	to	21.25	%
AC VP Mid Cap Val, Cl II
2017		29,035		$2.34	to	$2.62		$71,937		1.40	%		0.55	%	to	1.45	%		10.86	%	to	9.87	%
2016		30,815		$2.11	to	$2.39		$69,235		1.58	%		0.55	%	to	1.45	%		22.05	%	to	20.96	%
2015		27,860		$1.73	to	$1.98		$51,690		1.51	%		0.55	%	to	1.45	%		(2.12	%)	to	(3.00	%)
2014		29,042		$1.76	to	$2.04		$55,166		1.04	%		0.55	%	to	1.45	%		15.60	%	to	14.57	%
2013		31,662		$1.53	to	$1.78		$52,078		1.06	%		0.55	%	to	1.45	%		29.19	%	to	28.03	%
AC VP Ultra, Cl II
2017		11,436		$2.60	to	$2.45		$29,024		0.24	%		0.55	%	to	1.45	%		31.28	%	to	30.11	%
2016		13,236		$1.98	to	$1.88		$25,606		0.20	%		0.55	%	to	1.45	%		3.78	%	to	2.85	%
2015		15,654		$1.91	to	$1.83		$29,264		0.29	%		0.55	%	to	1.45	%		5.47	%	to	4.52	%
2014		16,639		$1.81	to	$1.75		$29,593		0.23	%		0.55	%	to	1.45	%		9.23	%	to	8.25	%
2013		18,619		$1.65	to	$1.62		$30,406		0.41	%		0.55	%	to	1.45	%		36.17	%	to	34.95	%
AC VP Val, Cl I
2017		11,135		$3.66	to	$3.40		$39,156		1.64	%		0.55	%	to	0.95	%		8.15	%	to	7.72	%
2016		13,292		$3.38	to	$3.16		$43,279		1.74	%		0.55	%	to	0.95	%		19.82	%	to	19.34	%
2015		14,990		$2.82	to	$2.64		$40,804		2.11	%		0.55	%	to	0.95	%		(4.41	%)	to	(4.79	%)
2014		17,381		$2.95	to	$2.78		$49,591		1.54	%		0.55	%	to	0.95	%		12.46	%	to	12.01	%
2013		20,142		$2.63	to	$2.48		$51,196		1.64	%		0.55	%	to	0.95	%		31.00	%	to	30.48	%
BlackRock Global Alloc, Cl III
2017		62,869		$1.37	to	$1.27		$84,099		1.30	%		0.55	%	to	1.90	%		13.09	%	to	11.58	%
2016		64,910		$1.21	to	$1.14		$77,157		1.20	%		0.55	%	to	1.90	%		3.24	%	to	1.86	%
2015		66,771		$1.17	to	$1.11		$77,615		1.11	%		0.55	%	to	1.90	%		(1.54	%)	to	(2.86	%)
2014		56,147		$1.19	to	$1.15		$66,809		2.51	%		0.55	%	to	1.90	%		1.37	%	to	0.01	%
2013		40,444		$1.17	to	$1.15		$47,699		1.74	%		0.55	%	to	1.90	%		13.79	%	to	12.26	%
Calvert VP SRI Bal, Cl I
2017		11,496		$1.87	to	$1.91		$20,774		1.99	%		0.55	%	to	1.20	%		11.38	%	to	10.66	%
2016		12,996		$1.68	to	$1.72		$21,154		1.79	%		0.55	%	to	1.20	%		7.27	%	to	6.57	%
2015		14,554		$1.56	to	$1.62		$22,160		0.11	%		0.55	%	to	1.20	%		(2.73	%)	to	(3.36	%)
2014		16,504		$1.61	to	$1.67		$25,878		1.54	%		0.55	%	to	1.20	%		9.06	%	to	8.35	%
2013		18,358		$1.47	to	$1.54		$26,440		1.06	%		0.55	%	to	1.20	%		17.36	%	to	16.60	%
Col VP Bal, Cl 3
2017		221,556		$2.27	to	$1.56		$485,154		—			0.55	%	to	1.90	%		13.89	%	to	12.37	%
2016		214,583		$1.99	to	$1.39		$418,875		—			0.55	%	to	1.90	%		5.82	%	to	4.41	%
2015		169,241		$1.88	to	$1.33		$322,448		—			0.55	%	to	1.90	%		1.15	%	to	(0.20	%)
2014		147,257		$1.86	to	$1.33		$285,533		—			0.55	%	to	1.90	%		9.52	%	to	8.06	%
2013		143,159		$1.70	to	$1.23		$258,003		—			0.55	%	to	1.90	%		20.78	%	to	19.16	%
Col VP Commodity Strategy, Cl 2
2017		7,268		$0.62	to	$0.58		$4,412		5.58	%		0.55	%	to	1.90	%		1.15	%	to	(0.20	%)
2016		5,510		$0.61	to	$0.58		$3,324		—			0.55	%	to	1.90	%		11.75	%	to	10.26	%
2015		3,877		$0.55	to	$0.53		$2,105		—			0.55	%	to	1.90	%		(24.19	%)	to	(25.21	%)
2014		1,840		$0.73	to	$0.71		$1,324		—			0.55	%	to	1.90	%		(21.89	%)	to	(22.94	%)
2013		650		$0.93	to	$0.92		$602		—			0.55	%	to	1.90	%		(5.82	%)⁽⁶⁾	to	(6.67	%)⁽⁶⁾



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			107


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
Col VP Contrarian Core, Cl 2
2017		57,727		$1.82	to	$1.70		$102,614		—			0.55	%	to	1.90	%		20.82	%	to	19.21	%
2016		52,933		$1.50	to	$1.43		$78,269		—			0.55	%	to	1.90	%		7.82	%	to	6.37	%
2015		38,725		$1.39	to	$1.34		$53,333		—			0.55	%	to	1.90	%		2.17	%	to	0.80	%
2014		20,221		$1.36	to	$1.33		$27,392		—			0.55	%	to	1.90	%		12.22	%	to	10.71	%
2013		7,634		$1.22	to	$1.20		$9,255		—			0.55	%	to	1.90	%		19.89	%⁽⁵⁾	to	18.81	%⁽⁵⁾
Col VP Disciplined Core, Cl 3
2017		166,607		$1.97	to	$2.12		$369,908		—			0.55	%	to	1.45	%		23.54	%	to	22.44	%
2016		191,848		$1.60	to	$1.73		$344,384		—			0.55	%	to	1.45	%		7.35	%	to	6.38	%
2015		223,570		$1.49	to	$1.63		$373,288		—			0.55	%	to	1.45	%		0.21	%	to	(0.70	%)
2014		246,847		$1.49	to	$1.64		$412,513		—			0.55	%	to	1.45	%		14.59	%	to	13.56	%
2013		292,546		$1.30	to	$1.44		$424,609		—			0.55	%	to	1.45	%		32.92	%	to	31.72	%
Col VP Div Abs Return, Cl 2
2017		3,975		$0.90	to	$0.85		$3,511		—			0.55	%	to	1.90	%		2.03	%	to	0.67	%
2016		4,827		$0.89	to	$0.84		$4,199		—			0.55	%	to	1.90	%		(3.16	%)	to	(4.46	%)
2015		5,666		$0.91	to	$0.88		$5,116		—			0.55	%	to	1.90	%		(1.38	%)	to	(2.70	%)
2014		4,356		$0.93	to	$0.91		$4,009		—			0.55	%	to	1.90	%		(2.48	%)	to	(3.79	%)
2013		4,425		$0.95	to	$0.94		$4,194		—			0.55	%	to	1.90	%		(5.12	%)⁽⁵⁾	to	(5.98	%)⁽⁵⁾
Col VP Divd Opp, Cl 3
2017		206,320		$3.13	to	$1.75		$552,055		—			0.55	%	to	1.45	%		13.65	%	to	12.64	%
2016		246,769		$2.76	to	$1.55		$581,936		—			0.55	%	to	1.45	%		12.90	%	to	11.88	%
2015		284,856		$2.44	to	$1.39		$600,828		—			0.55	%	to	1.45	%		(3.30	%)	to	(4.17	%)
2014		338,172		$2.53	to	$1.45		$742,285		—			0.55	%	to	1.45	%		9.30	%	to	8.32	%
2013		390,027		$2.31	to	$1.34		$789,841		—			0.55	%	to	1.45	%		26.02	%	to	24.89	%
Col VP Emerg Mkts Bond, Cl 2
2017		13,655		$1.10	to	$1.03		$14,750		4.45	%		0.55	%	to	1.90	%		11.08	%	to	9.59	%
2016		9,543		$0.99	to	$0.94		$9,334		2.39	%		0.55	%	to	1.90	%		10.47	%	to	8.99	%
2015		8,568		$0.90	to	$0.87		$7,633		1.59	%		0.55	%	to	1.90	%		(1.86	%)	to	(3.17	%)
2014		9,067		$0.91	to	$0.89		$8,239		5.64	%		0.55	%	to	1.90	%		0.88	%	to	(0.47	%)
2013		3,820		$0.91	to	$0.90		$3,452		7.35	%		0.55	%	to	1.90	%		(9.49	%)⁽⁵⁾	to	(10.30	%)⁽⁵⁾
Col VP Emer Mkts, Cl 3
2017		60,139		$3.40	to	$1.95		$164,139		0.09	%		0.55	%	to	1.45	%		46.25	%	to	44.95	%
2016		66,944		$2.32	to	$1.35		$125,958		0.11	%		0.55	%	to	1.45	%		4.39	%	to	3.46	%
2015		79,795		$2.23	to	$1.30		$145,955		0.12	%		0.55	%	to	1.45	%		(9.50	%)	to	(10.31	%)
2014		92,569		$2.46	to	$1.45		$188,395		0.23	%		0.55	%	to	1.45	%		(2.80	%)	to	(3.68	%)
2013		108,814		$2.53	to	$1.51		$230,493		0.58	%		0.55	%	to	1.45	%		(2.34	%)	to	(3.22	%)
Col VP Global Bond, Cl 3
2017		59,884		$1.78	to	$1.16		$93,743		—			0.55	%	to	1.45	%		5.19	%	to	4.25	%
2016		71,304		$1.69	to	$1.11		$106,327		—			0.55	%	to	1.45	%		(1.77	%)	to	(2.65	%)
2015		86,488		$1.72	to	$1.14		$131,896		—			0.55	%	to	1.45	%		(6.69	%)	to	(7.53	%)
2014		106,817		$1.84	to	$1.23		$175,856		—			0.55	%	to	1.45	%		0.24	%	to	(0.66	%)
2013		135,912		$1.84	to	$1.24		$224,150		5.89	%		0.55	%	to	1.45	%		(8.21	%)	to	(9.04	%)
Col VP Govt Money Mkt, Cl 3
2017		109,560		$1.19	to	$0.93		$120,109		0.29	%		0.55	%	to	1.45	%		(0.25	%)	to	(1.14	%)
2016		139,734		$1.19	to	$0.94		$153,262		0.01	%		0.55	%	to	1.45	%		(0.54	%)	to	(1.42	%)
2015		149,791		$1.20	to	$0.96		$166,145		0.01	%		0.55	%	to	1.45	%		(0.54	%)	to	(1.43	%)
2014		174,167		$1.21	to	$0.97		$195,122		0.01	%		0.55	%	to	1.45	%		(0.54	%)	to	(1.42	%)
2013		218,622		$1.21	to	$0.99		$247,051		0.01	%		0.55	%	to	1.45	%		(0.53	%)	to	(1.43	%)
Col VP Hi Yield Bond, Cl 3
2017		100,651		$2.77	to	$1.93		$253,612		5.36	%		0.55	%	to	1.45	%		5.83	%	to	4.88	%
2016		118,309		$2.62	to	$1.84		$283,326		6.00	%		0.55	%	to	1.45	%		11.11	%	to	10.11	%
2015		138,677		$2.36	to	$1.67		$300,720		6.00	%		0.55	%	to	1.45	%		(1.68	%)	to	(2.56	%)
2014		168,851		$2.40	to	$1.72		$374,426		6.19	%		0.55	%	to	1.45	%		3.05	%	to	2.12	%
2013		191,728		$2.32	to	$1.68		$415,832		6.54	%		0.55	%	to	1.45	%		5.49	%	to	4.54	%
Col VP Inc Opp, Cl 3
2017		76,235		$2.25	to	$1.89		$160,428		6.04	%		0.55	%	to	1.45	%		5.80	%	to	4.86	%
2016		91,441		$2.13	to	$1.80		$182,316		12.20	%		0.55	%	to	1.45	%		10.25	%	to	9.26	%
2015		71,368		$1.93	to	$1.65		$130,021		9.12	%		0.55	%	to	1.45	%		(1.56	%)	to	(2.45	%)
2014		84,321		$1.96	to	$1.69		$156,701		—			0.55	%	to	1.45	%		3.20	%	to	2.27	%
2013		100,497		$1.90	to	$1.65		$181,632		13.13	%		0.55	%	to	1.45	%		4.45	%	to	3.51	%



108		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
Col VP Inter Bond, Cl 3
2017		203,734		$2.01	to	$1.40		$364,529		2.67	%		0.55	%	to	1.45	%		3.17	%	to	2.24	%
2016		237,642		$1.95	to	$1.37		$413,783		1.66	%		0.55	%	to	1.45	%		3.97	%	to	3.03	%
2015		271,785		$1.87	to	$1.33		$458,449		1.33	%		0.55	%	to	1.45	%		(0.38	%)	to	(1.28	%)
2014		323,775		$1.88	to	$1.34		$552,031		2.59	%		0.55	%	to	1.45	%		4.74	%	to	3.80	%
2013		406,205		$1.79	to	$1.29		$663,231		4.44	%		0.55	%	to	1.45	%		(2.93	%)	to	(3.80	%)
Col VP Lg Cap Gro, Cl 3
2017		84,182		$1.55	to	$2.17		$135,480		—			0.55	%	to	1.45	%		27.25	%	to	26.11	%
2016		97,951		$1.22	to	$1.72		$124,429		—			0.55	%	to	1.45	%		0.62	%	to	(0.29	%)
2015		123,331		$1.21	to	$1.72		$155,892		—			0.55	%	to	1.45	%		8.40	%	to	7.42	%
2014		120,240		$1.12	to	$1.60		$138,954		—			0.55	%	to	1.45	%		13.41	%	to	12.39	%
2013		138,336		$0.99	to	$1.43		$140,705		—			0.55	%	to	1.45	%		29.55	%	to	28.39	%
Col VP Lg Cap Index, Cl 3
2017		142,086		$2.16	to	$1.89		$313,622		—			0.55	%	to	1.90	%		20.62	%	to	19.01	%
2016		131,933		$1.79	to	$1.59		$241,925		—			0.55	%	to	1.90	%		10.90	%	to	9.41	%
2015		127,927		$1.62	to	$1.45		$211,512		—			0.55	%	to	1.90	%		0.31	%	to	(1.04	%)
2014		120,861		$1.61	to	$1.47		$198,500		—			0.55	%	to	1.90	%		12.59	%	to	11.08	%
2013		120,287		$1.43	to	$1.32		$174,724		—			0.55	%	to	1.90	%		31.03	%	to	29.27	%
Col VP Limited Duration Cr, Cl 2
2017		30,588		$0.98	to	$0.99		$32,256		2.06	%		0.55	%	to	1.90	%		1.25	%	to	(0.10	%)
2016		27,833		$0.96	to	$0.99		$29,208		3.66	%		0.55	%	to	1.90	%		4.71	%	to	3.30	%
2015		18,413		$0.92	to	$0.96		$18,595		5.26	%		0.55	%	to	1.90	%		(3.02	%)	to	(4.32	%)
2014		14,721		$0.95	to	$1.00		$15,344		1.41	%		0.55	%	to	1.90	%		(1.74	%)⁽⁸⁾	to	(1.58	%)
2013		8,465		$1.04	to	$1.01		$9,032		2.03	%		0.60	%	to	1.90	%		0.58	%	to	(0.72	%)
Col VP Long Govt/Cr Bond, Cl 2
2017		13,756		$1.12	to	$1.05		$15,180		3.16	%		0.55	%	to	1.90	%		10.39	%	to	8.91	%
2016		16,070		$1.01	to	$0.96		$16,134		1.76	%		0.55	%	to	1.90	%		2.22	%	to	0.85	%
2015		12,315		$0.99	to	$0.96		$12,089		1.80	%		0.55	%	to	1.90	%		(0.76	%)	to	(2.10	%)
2014		7,112		$1.00	to	$0.98		$7,059		0.96	%		0.55	%	to	1.90	%		4.67	%	to	3.27	%
2013		1,486		$0.96	to	$0.95		$1,416		—			0.55	%	to	1.90	%		(4.45	%)⁽⁶⁾	to	(5.32	%)⁽⁶⁾
Col VP Mid Cap Gro, Cl 3
2017		35,762		$2.68	to	$2.03		$80,801		—			0.55	%	to	1.45	%		22.12	%	to	21.03	%
2016		40,449		$2.19	to	$1.68		$75,222		—			0.55	%	to	1.45	%		1.60	%	to	0.69	%
2015		48,189		$2.16	to	$1.67		$88,863		—			0.55	%	to	1.45	%		4.92	%	to	3.97	%
2014		50,333		$2.06	to	$1.61		$88,782		—			0.55	%	to	1.45	%		6.70	%	to	5.73	%
2013		58,644		$1.93	to	$1.52		$97,730		—			0.55	%	to	1.45	%		30.31	%	to	29.14	%
Col VP Mid Cap Val, Cl 3
2017		27,611		$2.78	to	$2.00		$66,373		—			0.55	%	to	1.45	%		12.77	%	to	11.76	%
2016		34,278		$2.46	to	$1.79		$73,343		—			0.55	%	to	1.45	%		13.38	%	to	12.36	%
2015		41,416		$2.17	to	$1.59		$78,816		—			0.55	%	to	1.45	%		(5.48	%)	to	(6.33	%)
2014		49,073		$2.30	to	$1.70		$99,520		—			0.55	%	to	1.45	%		11.56	%	to	10.55	%
2013		54,651		$2.06	to	$1.54		$99,999		—			0.55	%	to	1.45	%		36.99	%	to	35.76	%
Col VP Overseas Core, Cl 3
2017		59,162		$1.51	to	$1.41		$94,655		1.98	%		0.55	%	to	1.45	%		26.67	%	to	25.54	%
2016		70,244		$1.20	to	$1.12		$88,734		1.55	%		0.55	%	to	1.45	%		(6.62	%)	to	(7.46	%)
2015		59,941		$1.28	to	$1.21		$83,040		0.92	%		0.55	%	to	1.45	%		4.46	%	to	3.51	%
2014		61,880		$1.23	to	$1.17		$82,704		1.78	%		0.55	%	to	1.45	%		(9.06	%)	to	(9.88	%)
2013		71,770		$1.35	to	$1.30		$105,664		1.65	%		0.55	%	to	1.45	%		21.49	%	to	20.40	%
Col VP Select Lg Cap Val, Cl 3
2017		15,242		$2.87	to	$2.23		$39,807		—			0.55	%	to	1.45	%		20.14	%	to	19.07	%
2016		15,367		$2.38	to	$1.87		$33,622		—			0.55	%	to	1.45	%		19.16	%	to	18.09	%
2015		19,234		$2.00	to	$1.58		$35,588		—			0.55	%	to	1.45	%		(5.55	%)	to	(6.40	%)
2014		27,008		$2.12	to	$1.69		$53,317		—			0.55	%	to	1.45	%		10.77	%	to	9.78	%
2013		26,237		$1.91	to	$1.54		$47,017		—			0.55	%	to	1.45	%		37.04	%	to	35.80	%
Col VP Select Sm Cap Val, Cl 3
2017		14,554		$3.67	to	$2.04		$45,595		—			0.55	%	to	1.45	%		11.58	%	to	10.59	%
2016		17,393		$3.29	to	$1.84		$49,321		—			0.55	%	to	1.45	%		13.21	%	to	12.19	%
2015		20,664		$2.91	to	$1.64		$52,103		—			0.55	%	to	1.45	%		(3.76	%)	to	(4.63	%)
2014		23,491		$3.02	to	$1.72		$62,319		—			0.55	%	to	1.45	%		5.40	%	to	4.45	%
2013		26,163		$2.87	to	$1.65		$66,589		—			0.55	%	to	1.45	%		47.57	%	to	46.25	%



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			109


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
Col VP US Govt Mtge, Cl 3
2017		59,588		$1.54	to	$1.12		$81,742		2.77	%		0.55	%	to	1.45	%		2.65	%	to	1.73	%
2016		73,667		$1.50	to	$1.10		$98,322		2.77	%		0.55	%	to	1.45	%		2.02	%	to	1.10	%
2015		81,827		$1.47	to	$1.09		$107,794		2.79	%		0.55	%	to	1.45	%		0.66	%	to	(0.25	%)
2014		95,830		$1.46	to	$1.09		$126,065		1.76	%		0.55	%	to	1.45	%		5.20	%	to	4.25	%
2013		118,639		$1.39	to	$1.05		$148,738		0.63	%		0.55	%	to	1.45	%		(2.50	%)	to	(3.38	%)
CS Commodity Return
2017		35,795		$0.54	to	$0.51		$18,741		9.03	%		0.55	%	to	1.45	%		0.96	%	to	0.06	%
2016		41,885		$0.53	to	$0.51		$21,831		—			0.55	%	to	1.45	%		11.41	%	to	10.41	%
2015		50,299		$0.48	to	$0.46		$23,648		—			0.55	%	to	1.45	%		(25.51	%)	to	(26.18	%)
2014		57,057		$0.64	to	$0.62		$36,124		—			0.55	%	to	1.45	%		(17.47	%)	to	(18.21	%)
2013		68,433		$0.78	to	$0.76		$52,643		—			0.55	%	to	1.45	%		(10.76	%)	to	(11.56	%)
CTIVP AQR Man Fut Strategy, Cl 2
2017		19,590		$1.00	to	$0.94		$19,312		0.31	%		0.55	%	to	1.90	%		(1.50	%)	to	(2.81	%)
2016		23,589		$1.02	to	$0.97		$23,575		5.39	%		0.55	%	to	1.90	%		(9.58	%)	to	(10.79	%)
2015		19,615		$1.12	to	$1.08		$21,773		16.65	%		0.55	%	to	1.90	%		(0.64	%)	to	(1.97	%)
2014		10,018		$1.13	to	$1.10		$11,249		1.34	%		0.55	%	to	1.90	%		9.39	%	to	7.94	%
2013		6,520		$1.03	to	$1.02		$6,718		2.34	%		0.55	%	to	1.90	%		1.48	%⁽⁵⁾	to	0.56	%⁽⁵⁾
CTIVP BR Gl Infl Prot Sec, Cl 3
2017		60,599		$1.56	to	$1.38		$90,400		2.29	%		0.55	%	to	1.45	%		1.98	%	to	1.07	%
2016		68,397		$1.53	to	$1.36		$100,365		—			0.55	%	to	1.45	%		7.90	%	to	6.93	%
2015		81,588		$1.42	to	$1.28		$111,255		37.01	%		0.55	%	to	1.45	%		(2.03	%)	to	(2.91	%)
2014		98,503		$1.45	to	$1.31		$137,566		—			0.55	%	to	1.45	%		8.00	%	to	7.02	%
2013		126,607		$1.34	to	$1.23		$164,451		—			0.55	%	to	1.45	%		(6.00	%)	to	(6.85	%)
CTIVP Lazard Intl Eq Adv, Cl 2
2017		12,629		$1.27	to	$1.20		$15,772		1.14	%		0.55	%	to	1.90	%		22.97	%	to	21.32	%
2016		5,026		$1.04	to	$0.99		$5,115		1.88	%		0.55	%	to	1.90	%		3.30	%	to	1.92	%
2015		3,225		$1.00	to	$0.97		$3,199		2.78	%		0.55	%	to	1.90	%		(4.24	%)	to	(5.52	%)
2014		2,061		$1.05	to	$1.02		$2,144		2.48	%		0.55	%	to	1.90	%		(0.74	%)	to	(2.07	%)
2013		777		$1.05	to	$1.04		$818		1.03	%		0.55	%	to	1.90	%		5.50	%⁽⁶⁾	to	4.54	%⁽⁶⁾
CTIVP Loomis Sayles Gro, Cl 1
2017		101,978		$1.40	to	$1.38		$142,510		—			0.55	%	to	1.45	%		32.30	%	to	31.12	%
2016		120,408		$1.06	to	$1.05		$127,611		—			0.55	%	to	1.45	%		5.14	%⁽⁹⁾	to	4.51	%⁽⁹⁾
CTIVP MFS Blend Res Core Eq, Cl 3
2017		17,029		$1.95	to	$1.80		$32,189		—			0.55	%	to	1.45	%		19.62	%	to	18.55	%
2016		20,722		$1.63	to	$1.52		$32,885		—			0.55	%	to	1.45	%		9.09	%	to	8.11	%
2015		24,829		$1.50	to	$1.41		$36,243		—			0.55	%	to	1.45	%		(0.09	%)	to	(0.99	%)
2014		28,527		$1.50	to	$1.42		$41,817		—			0.55	%	to	1.45	%		11.14	%	to	10.14	%
2013		34,820		$1.35	to	$1.29		$46,089		—			0.55	%	to	1.45	%		27.69	%	to	26.54	%
CTIVP Vty Sycamore Estb Val, Cl 3
2017		12,502		$3.18	to	$2.44		$35,853		—			0.55	%	to	1.45	%		15.09	%	to	14.07	%
2016		11,633		$2.76	to	$2.14		$29,150		—			0.55	%	to	1.45	%		19.97	%	to	18.90	%
2015		9,984		$2.30	to	$1.80		$20,942		—			0.55	%	to	1.45	%		(0.39	%)	to	(1.28	%)
2014		8,567		$2.31	to	$1.82		$18,196		—			0.55	%	to	1.45	%		11.41	%	to	10.41	%
2013		9,378		$2.07	to	$1.65		$17,997		—			0.55	%	to	1.45	%		35.12	%	to	33.91	%
CTIVP WF Short Duration Govt, Cl 2
2017		19,668		$1.00	to	$0.92		$19,336		0.71	%		0.55	%	to	1.90	%		(0.10	%)	to	(1.44	%)
2016		19,199		$1.00	to	$0.93		$19,002		0.71	%		0.55	%	to	1.90	%		0.24	%	to	(1.11	%)
2015		11,657		$1.00	to	$0.95		$11,544		0.71	%		0.55	%	to	1.90	%		(0.47	%)	to	(1.81	%)
2014		5,405		$1.00	to	$0.96		$5,398		0.16	%		0.55	%	to	1.90	%		(0.08	%)⁽⁸⁾	to	(1.18	%)
2013		2,182		$1.00	to	$0.97		$2,186		0.62	%		0.60	%	to	1.90	%		(1.07	%)	to	(2.36	%)
Deutsche Alt Asset Alloc VIP, Cl B
2017		18,141		$1.07	to	$0.99		$18,872		2.08	%		0.55	%	to	1.90	%		6.43	%	to	5.00	%
2016		21,291		$1.00	to	$0.94		$20,911		2.00	%		0.55	%	to	1.90	%		4.42	%	to	3.02	%
2015		24,733		$0.96	to	$0.91		$23,378		2.88	%		0.55	%	to	1.90	%		(7.05	%)	to	(8.29	%)
2014		28,134		$1.03	to	$0.99		$28,729		1.56	%		0.55	%	to	1.90	%		2.67	%	to	1.29	%
2013		24,746		$1.00	to	$0.98		$24,844		1.52	%		0.55	%	to	1.90	%		0.20	%	to	(1.14	%)



110		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
EV VT Floating-Rate Inc, Init Cl
2017		106,635		$1.45	to	$1.31		$148,477		3.26	%		0.55	%	to	1.45	%		2.85	%	to	1.93	%
2016		127,509		$1.41	to	$1.28		$173,277		3.49	%		0.55	%	to	1.45	%		8.35	%	to	7.38	%
2015		149,367		$1.30	to	$1.19		$187,969		3.34	%		0.55	%	to	1.45	%		(1.54	%)	to	(2.42	%)
2014		193,252		$1.32	to	$1.22		$247,888		3.14	%		0.55	%	to	1.45	%		0.02	%	to	(0.88	%)
2013		259,326		$1.32	to	$1.23		$333,886		3.48	%		0.55	%	to	1.45	%		3.28	%	to	2.35	%
Fid VIP Contrafund, Serv Cl 2
2017		208,759		$2.25	to	$1.77		$461,169		0.77	%		0.55	%	to	1.90	%		20.92	%	to	19.31	%
2016		234,428		$1.86	to	$1.48		$430,384		0.59	%		0.55	%	to	1.90	%		7.14	%	to	5.71	%
2015		275,837		$1.74	to	$1.40		$474,192		0.78	%		0.55	%	to	1.90	%		(0.13	%)	to	(1.47	%)
2014		299,019		$1.74	to	$1.42		$516,451		0.73	%		0.55	%	to	1.90	%		11.04	%	to	9.55	%
2013		326,303		$1.57	to	$1.30		$509,205		0.82	%		0.55	%	to	1.90	%		30.24	%	to	28.49	%
Fid VIP Gro & Inc, Serv Cl
2017		19,471		$2.45	to	$2.28		$45,470		1.15	%		0.55	%	to	0.95	%		16.13	%	to	15.67	%
2016		22,510		$2.11	to	$1.97		$45,379		1.58	%		0.55	%	to	0.95	%		15.31	%	to	14.85	%
2015		26,112		$1.83	to	$1.71		$45,766		1.90	%		0.55	%	to	0.95	%		(2.89	%)	to	(3.27	%)
2014		30,809		$1.88	to	$1.77		$55,732		1.62	%		0.55	%	to	0.95	%		9.78	%	to	9.34	%
2013		36,071		$1.72	to	$1.62		$59,592		1.70	%		0.55	%	to	0.95	%		32.73	%	to	32.20	%
Fid VIP Mid Cap, Serv Cl
2017		12,686		$7.48	to	$6.95		$91,328		0.60	%		0.55	%	to	0.95	%		20.04	%	to	19.57	%
2016		14,794		$6.23	to	$5.82		$88,919		0.41	%		0.55	%	to	0.95	%		11.50	%	to	11.06	%
2015		17,469		$5.59	to	$5.24		$94,228		0.38	%		0.55	%	to	0.95	%		(2.04	%)	to	(2.43	%)
2014		20,241		$5.71	to	$5.37		$111,769		0.15	%		0.55	%	to	0.95	%		5.61	%	to	5.19	%
2013		23,722		$5.40	to	$5.10		$124,273		0.40	%		0.55	%	to	0.95	%		35.32	%	to	34.78	%
Fid VIP Overseas, Serv Cl
2017		7,741		$1.84	to	$1.71		$13,657		1.31	%		0.55	%	to	0.95	%		29.39	%	to	28.88	%
2016		8,854		$1.43	to	$1.33		$12,112		1.27	%		0.55	%	to	0.95	%		(5.64	%)	to	(6.02	%)
2015		10,569		$1.51	to	$1.42		$15,336		1.24	%		0.55	%	to	0.95	%		2.92	%	to	2.51	%
2014		11,464		$1.47	to	$1.38		$16,229		1.15	%		0.55	%	to	0.95	%		(8.66	%)	to	(9.03	%)
2013		13,350		$1.61	to	$1.52		$20,737		1.23	%		0.55	%	to	0.95	%		29.66	%	to	29.15	%
Fid VIP Strategic Inc, Serv Cl 2
2017		104,865		$1.14	to	$1.07		$117,160		3.66	%		0.55	%	to	1.90	%		6.96	%	to	5.53	%
2016		70,066		$1.06	to	$1.01		$73,346		3.90	%		0.55	%	to	1.90	%		7.43	%	to	5.99	%
2015		53,860		$0.99	to	$0.95		$52,765		2.84	%		0.55	%	to	1.90	%		(2.47	%)	to	(3.80	%)
2014		40,139		$1.01	to	$0.99		$40,558		4.82	%		0.55	%	to	1.90	%		2.81	%	to	1.43	%
2013		13,064		$0.99	to	$0.98		$12,848		10.07	%		0.55	%	to	1.90	%		(2.09	%)⁽⁵⁾	to	(2.98	%)⁽⁵⁾
Frank Global Real Est, Cl 2
2017		44,547		$3.20	to	$1.06		$100,096		3.10	%		0.55	%	to	1.45	%		9.87	%	to	8.89	%
2016		54,384		$2.91	to	$0.98		$111,334		1.21	%		0.55	%	to	1.45	%		(0.01	%)	to	(0.90	%)
2015		62,988		$2.91	to	$0.98		$130,836		3.24	%		0.55	%	to	1.45	%		0.02	%	to	(0.88	%)
2014		70,970		$2.91	to	$0.99		$149,816		0.45	%		0.55	%	to	1.45	%		14.38	%	to	13.35	%
2013		78,865		$2.54	to	$0.88		$148,569		4.57	%		0.55	%	to	1.45	%		1.76	%	to	0.85	%
Frank Inc, Cl 2
2017		46,996		$1.28	to	$1.20		$58,671		4.15	%		0.55	%	to	1.90	%		9.07	%	to	7.62	%
2016		46,983		$1.17	to	$1.11		$54,094		4.99	%		0.55	%	to	1.90	%		13.40	%	to	11.89	%
2015		50,949		$1.03	to	$1.00		$51,973		4.95	%		0.55	%	to	1.90	%		(7.56	%)	to	(8.80	%)
2014		54,674		$1.12	to	$1.09		$60,590		4.78	%		0.55	%	to	1.90	%		4.04	%	to	2.65	%
2013		16,563		$1.07	to	$1.06		$17,726		1.47	%		0.55	%	to	1.90	%		5.74	%⁽⁵⁾	to	4.77	%⁽⁵⁾
Frank Sm Cap Val, Cl 2
2017		38,047		$5.28	to	$1.77		$138,461		0.52	%		0.55	%	to	1.90	%		10.05	%	to	8.57	%
2016		42,895		$4.80	to	$1.63		$143,884		0.82	%		0.55	%	to	1.90	%		29.47	%	to	27.73	%
2015		45,435		$3.71	to	$1.28		$120,885		0.64	%		0.55	%	to	1.90	%		(7.89	%)	to	(9.13	%)
2014		52,597		$4.03	to	$1.40		$154,239		0.62	%		0.55	%	to	1.90	%		0.02	%	to	(1.32	%)
2013		58,978		$4.02	to	$1.42		$176,996		1.30	%		0.55	%	to	1.90	%		35.49	%	to	33.67	%
GS VIT Mid Cap Val, Inst
2017		30,996		$5.29	to	$3.50		$149,798		0.70	%		0.55	%	to	1.20	%		10.46	%	to	9.75	%
2016		37,325		$4.79	to	$3.19		$164,127		1.29	%		0.55	%	to	1.20	%		12.91	%	to	12.18	%
2015		46,292		$4.24	to	$2.84		$181,065		0.37	%		0.55	%	to	1.20	%		(9.59	%)	to	(10.17	%)
2014		55,341		$4.69	to	$3.16		$240,680		0.96	%		0.55	%	to	1.20	%		12.95	%	to	12.22	%
2013		66,581		$4.15	to	$2.82		$257,444		0.81	%		0.55	%	to	1.20	%		32.16	%	to	31.31	%



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			111


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
GS VIT Multi-Strategy Alt, Advisor
2017		5,549		$0.96	to	$0.91		$5,223		2.13	%		0.55	%	to	1.90	%		4.57	%	to	3.17	%
2016		5,049		$0.91	to	$0.88		$4,563		0.78	%		0.55	%	to	1.90	%		(0.27	%)	to	(1.61	%)
2015		4,494		$0.92	to	$0.90		$4,093		2.74	%		0.55	%	to	1.90	%		(5.41	%)	to	(6.69	%)
2014		1,081		$0.97	to	$0.96		$1,046		3.87	%		0.55	%	to	1.90	%		(3.09	%)⁽⁸⁾	to	(3.75	%)⁽⁸⁾
GS VIT Sm Cap Eq Insights, Inst
2017		1,844		$3.82	to	$3.55		$6,730		0.53	%		0.55	%	to	0.95	%		10.96	%	to	10.51	%
2016		2,054		$3.44	to	$3.21		$6,764		1.15	%		0.55	%	to	0.95	%		22.53	%	to	22.04	%
2015		2,387		$2.81	to	$2.63		$6,431		0.27	%		0.55	%	to	0.95	%		(2.46	%)	to	(2.85	%)
2014		2,721		$2.88	to	$2.71		$7,535		0.73	%		0.55	%	to	0.95	%		6.34	%	to	5.92	%
2013		3,223		$2.71	to	$2.56		$8,413		0.99	%		0.55	%	to	0.95	%		34.88	%	to	34.34	%
GS VIT U.S. Eq Insights, Inst
2017		52,854		$2.46	to	$2.13		$125,064		1.34	%		0.55	%	to	1.45	%		23.39	%	to	22.29	%
2016		61,378		$2.00	to	$1.74		$118,004		1.25	%		0.55	%	to	1.45	%		10.13	%	to	9.14	%
2015		74,052		$1.81	to	$1.59		$129,548		1.28	%		0.55	%	to	1.45	%		(0.56	%)	to	(1.45	%)
2014		87,017		$1.82	to	$1.62		$153,518		1.36	%		0.55	%	to	1.45	%		15.73	%	to	14.69	%
2013		102,618		$1.57	to	$1.41		$157,110		1.10	%		0.55	%	to	1.45	%		36.76	%	to	35.54	%
Invesco VI Am Fran, Ser I
2017		6,861		$1.96	to	$1.92		$13,291		0.08	%		0.55	%	to	0.95	%		26.64	%	to	26.14	%
2016		7,876		$1.55	to	$1.52		$12,078		—			0.55	%	to	0.95	%		1.71	%	to	1.30	%
2015		8,993		$1.52	to	$1.50		$13,593		—			0.55	%	to	0.95	%		4.43	%	to	4.01	%
2014		10,312		$1.46	to	$1.44		$14,995		0.04	%		0.55	%	to	0.95	%		7.85	%	to	7.41	%
2013		11,731		$1.35	to	$1.34		$15,863		0.43	%		0.55	%	to	0.95	%		39.37	%	to	38.81	%
Invesco VI Bal Risk Alloc, Ser II
2017		39,964		$1.19	to	$1.12		$46,895		3.79	%		0.55	%	to	1.90	%		9.23	%	to	7.77	%
2016		39,732		$1.09	to	$1.04		$42,960		0.20	%		0.55	%	to	1.90	%		10.91	%	to	9.42	%
2015		36,247		$0.99	to	$0.95		$35,265		3.99	%		0.55	%	to	1.90	%		(4.92	%)	to	(6.19	%)
2014		33,181		$1.04	to	$1.01		$34,121		—			0.55	%	to	1.90	%		5.13	%	to	3.72	%
2013		22,155		$0.99	to	$0.98		$21,763		2.77	%		0.55	%	to	1.90	%		(2.07	%)⁽⁵⁾	to	(2.97	%)⁽⁵⁾
Invesco VI Comstock, Ser II
2017		58,649		$2.69	to	$2.00		$144,815		1.92	%		0.55	%	to	1.45	%		16.93	%	to	15.89	%
2016		71,705		$2.30	to	$1.72		$151,865		1.28	%		0.55	%	to	1.45	%		16.35	%	to	15.31	%
2015		87,866		$1.97	to	$1.49		$160,796		1.62	%		0.55	%	to	1.45	%		(6.71	%)	to	(7.55	%)
2014		103,549		$2.12	to	$1.62		$204,223		1.04	%		0.55	%	to	1.45	%		8.50	%	to	7.53	%
2013		129,043		$1.95	to	$1.50		$236,247		1.41	%		0.55	%	to	1.45	%		34.91	%	to	33.70	%
Invesco VI Hlth, Ser II
2017		20,032		$2.25	to	$2.15		$44,570		0.08	%		0.55	%	to	1.45	%		14.92	%	to	13.89	%
2016		24,438		$1.96	to	$1.89		$47,482		—			0.55	%	to	1.45	%		(12.17	%)	to	(12.95	%)
2015		32,923		$2.23	to	$2.17		$72,933		—			0.55	%	to	1.45	%		2.32	%	to	1.41	%
2014		26,593		$2.18	to	$2.14		$57,779		—			0.55	%	to	1.45	%		18.72	%	to	17.66	%
2013		24,135		$1.84	to	$1.82		$44,305		0.57	%		0.55	%	to	1.45	%		39.40	%	to	38.15	%
Invesco VI Intl Gro, Ser II
2017		41,420		$2.04	to	$1.64		$78,374		1.24	%		0.55	%	to	1.45	%		22.06	%	to	20.96	%
2016		49,469		$1.67	to	$1.36		$77,046		1.14	%		0.55	%	to	1.45	%		(1.24	%)	to	(2.12	%)
2015		58,758		$1.69	to	$1.39		$92,917		1.29	%		0.55	%	to	1.45	%		(3.15	%)	to	(4.02	%)
2014		61,027		$1.75	to	$1.45		$99,984		1.40	%		0.55	%	to	1.45	%		(0.46	%)	to	(1.35	%)
2013		60,999		$1.76	to	$1.47		$100,859		1.04	%		0.55	%	to	1.45	%		18.07	%	to	17.01	%
Invesco VI Mid Cap Gro, Ser I
2017		11,855		$1.76	to	$1.70		$20,626		—			0.55	%	to	1.20	%		21.82	%	to	21.03	%
2016		13,515		$1.45	to	$1.40		$19,357		—			0.55	%	to	1.20	%		0.20	%	to	(0.44	%)
2015		10,875		$1.44	to	$1.41		$15,598		—			0.55	%	to	1.20	%		0.65	%	to	0.00	%
2014		11,513		$1.43	to	$1.41		$16,457		—			0.55	%	to	1.20	%		7.44	%	to	6.75	%
2013		13,176		$1.33	to	$1.32		$17,575		0.41	%		0.55	%	to	1.20	%		36.26	%	to	35.38	%
Ivy VIP Asset Strategy
2017		13,785		$1.18	to	$1.11		$16,130		1.48	%		0.55	%	to	1.90	%		17.63	%	to	16.05	%
2016		18,669		$1.00	to	$0.95		$18,610		0.59	%		0.55	%	to	1.90	%		(3.10	%)	to	(4.40	%)
2015		31,994		$1.04	to	$1.00		$33,022		0.37	%		0.55	%	to	1.90	%		(8.85	%)	to	(10.08	%)
2014		39,684		$1.14	to	$1.11		$45,106		0.50	%		0.55	%	to	1.90	%		(5.78	%)	to	(7.05	%)
2013		23,002		$1.21	to	$1.19		$27,766		0.14	%		0.55	%	to	1.90	%		18.29	%⁽⁵⁾	to	17.22	%⁽⁵⁾



112		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
Janus Henderson Enterprise, Serv
2017		9,251		$1.79	to	$1.67		$15,839		0.15	%		0.55	%	to	0.95	%		26.39	%	to	25.89	%
2016		10,124		$1.42	to	$1.33		$13,757		0.02	%		0.55	%	to	0.95	%		11.49	%	to	11.05	%
2015		11,614		$1.27	to	$1.20		$14,195		0.52	%		0.55	%	to	0.95	%		3.20	%	to	2.79	%
2014		12,675		$1.23	to	$1.16		$15,055		0.03	%		0.55	%	to	0.95	%		11.63	%	to	11.18	%
2013		14,693		$1.11	to	$1.05		$15,665		0.36	%		0.55	%	to	0.95	%		31.31	%	to	30.79	%
Janus Henderson Flex Bond, Serv
2017		48,174		$1.07	to	$1.00		$50,335		2.46	%		0.55	%	to	1.90	%		2.79	%	to	1.41	%
2016		52,385		$1.04	to	$0.99		$53,508		2.53	%		0.55	%	to	1.90	%		1.66	%	to	0.30	%
2015		39,412		$1.02	to	$0.98		$39,813		2.18	%		0.55	%	to	1.90	%		(0.61	%)	to	(1.94	%)
2014		18,510		$1.03	to	$1.00		$18,938		3.54	%		0.55	%	to	1.90	%		4.12	%	to	2.73	%
2013		7,094		$0.99	to	$0.98		$6,998		4.81	%		0.55	%	to	1.90	%		(1.97	%)⁽⁵⁾	to	(2.85	%)⁽⁵⁾
Janus Henderson Gbl Alloc Mod, Srv
2017		4,973		$1.40	to	$1.30		$6,798		0.72	%		0.55	%	to	1.90	%		15.62	%	to	14.07	%
2016		5,837		$1.21	to	$1.14		$6,951		1.05	%		0.55	%	to	1.90	%		2.39	%	to	1.02	%
2015		8,904		$1.18	to	$1.13		$10,556		0.76	%		0.55	%	to	1.90	%		(2.89	%)	to	(4.21	%)
2014		9,003		$1.22	to	$1.17		$11,071		2.88	%		0.55	%	to	1.90	%		2.65	%	to	1.27	%
2013		7,765		$1.19	to	$1.16		$9,385		2.54	%		0.55	%	to	1.90	%		14.06	%	to	12.55	%
Janus Henderson Global Tech, Serv
2017		16,362		$1.51	to	$3.47		$24,230		—			0.55	%	to	1.20	%		44.12	%	to	43.19	%
2016		18,360		$1.05	to	$2.43		$18,891		0.09	%		0.55	%	to	1.20	%		13.23	%	to	12.50	%
2015		21,049		$0.93	to	$2.16		$19,200		—			0.55	%	to	1.20	%		4.07	%	to	3.40	%
2014		21,328		$0.89	to	$2.09		$18,713		—			0.55	%	to	1.20	%		8.75	%	to	8.04	%
2013		24,493		$0.82	to	$1.93		$19,918		—			0.55	%	to	1.20	%		34.65	%	to	33.78	%
Janus Henderson Overseas, Serv
2017		17,974		$1.50	to	$2.38		$26,123		1.58	%		0.55	%	to	1.20	%		30.09	%	to	29.25	%
2016		20,913		$1.15	to	$1.84		$23,412		4.67	%		0.55	%	to	1.20	%		(7.22	%)	to	(7.82	%)
2015		24,946		$1.24	to	$2.00		$30,219		0.50	%		0.55	%	to	1.20	%		(9.30	%)	to	(9.89	%)
2014		30,009		$1.37	to	$2.22		$40,254		2.97	%		0.55	%	to	1.20	%		(12.58	%)	to	(13.15	%)
2013		37,895		$1.57	to	$2.55		$58,267		3.01	%		0.55	%	to	1.20	%		13.66	%	to	12.92	%
Janus Henderson Res, Serv
2017		24,074		$2.07	to	$1.80		$47,967		0.24	%		0.55	%	to	1.90	%		26.86	%	to	25.16	%
2016		28,456		$1.63	to	$1.44		$44,874		0.38	%		0.55	%	to	1.90	%		(0.27	%)	to	(1.61	%)
2015		33,433		$1.63	to	$1.46		$53,075		0.46	%		0.55	%	to	1.90	%		4.50	%	to	3.10	%
2014		34,514		$1.56	to	$1.42		$52,555		0.22	%		0.55	%	to	1.90	%		12.12	%	to	10.62	%
2013		43,430		$1.39	to	$1.28		$59,209		0.65	%		0.55	%	to	1.90	%		29.28	%	to	27.55	%
Lazard Ret Global Dyn MA, Serv
2017		12,337		$1.40	to	$1.32		$16,905		—			0.55	%	to	1.90	%		19.87	%	to	18.27	%
2016		12,934		$1.17	to	$1.11		$14,857		0.21	%		0.55	%	to	1.90	%		2.74	%	to	1.36	%
2015		16,048		$1.14	to	$1.10		$18,042		—			0.55	%	to	1.90	%		(0.99	%)	to	(2.31	%)
2014		14,706		$1.15	to	$1.12		$16,769		0.73	%		0.55	%	to	1.90	%		2.14	%	to	0.77	%
2013		5,187		$1.13	to	$1.12		$5,820		1.27	%		0.55	%	to	1.90	%		10.55	%⁽⁵⁾	to	9.56	%⁽⁵⁾
MFS Mass Inv Gro Stock, Serv Cl
2017		48,413		$1.31	to	$1.28		$63,174		0.41	%		0.55	%	to	1.45	%		27.40	%	to	26.26	%
2016		58,861		$1.03	to	$1.01		$60,486		0.38	%		0.55	%	to	1.45	%		5.26	%	to	4.32	%
2015		67,425		$0.98	to	$0.97		$66,042		0.60	%		0.55	%	to	1.45	%		(2.04	%)⁽⁹⁾	to	(2.71	%)⁽⁹⁾
MFS New Dis, Serv Cl
2017		14,310		$2.47	to	$2.64		$34,090		—			0.55	%	to	1.20	%		25.64	%	to	24.83	%
2016		16,734		$1.97	to	$2.11		$31,851		—			0.55	%	to	1.20	%		8.20	%	to	7.50	%
2015		20,210		$1.82	to	$1.97		$35,640		—			0.55	%	to	1.20	%		(2.68	%)	to	(3.31	%)
2014		24,112		$1.87	to	$2.03		$43,814		—			0.55	%	to	1.20	%		(8.00	%)	to	(8.60	%)
2013		32,602		$2.03	to	$2.23		$64,508		—			0.55	%	to	1.20	%		40.44	%	to	39.53	%
MFS Utilities, Serv Cl
2017		61,196		$3.59	to	$1.43		$180,143		4.10	%		0.55	%	to	1.90	%		13.87	%	to	12.35	%
2016		70,057		$3.15	to	$1.27		$182,085		3.65	%		0.55	%	to	1.90	%		10.63	%	to	9.15	%
2015		79,768		$2.85	to	$1.16		$190,029		3.91	%		0.55	%	to	1.90	%		(15.22	%)	to	(16.37	%)
2014		96,240		$3.36	to	$1.39		$273,800		1.93	%		0.55	%	to	1.90	%		11.85	%	to	10.35	%
2013		99,559		$3.00	to	$1.26		$257,426		2.10	%		0.55	%	to	1.90	%		19.56	%	to	17.96	%



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			113


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
MS VIF Global Real Est, Cl II
2017		25,820		$1.55	to	$1.46		$39,104		2.41	%		0.55	%	to	1.45	%		9.11	%	to	8.13	%
2016		32,431		$1.42	to	$1.35		$45,178		1.36	%		0.55	%	to	1.45	%		2.56	%	to	1.64	%
2015		38,954		$1.38	to	$1.33		$53,052		2.29	%		0.55	%	to	1.45	%		(1.96	%)	to	(2.84	%)
2014		44,945		$1.41	to	$1.37		$62,633		0.72	%		0.55	%	to	1.45	%		13.23	%	to	12.21	%
2013		51,115		$1.25	to	$1.22		$63,191		3.65	%		0.55	%	to	1.45	%		2.07	%	to	1.16	%
MS VIF Mid Cap Gro, Cl II
2017		14,475		$2.12	to	$1.40		$30,403		—			0.55	%	to	1.90	%		37.84	%	to	36.00	%
2016		16,090		$1.54	to	$1.03		$24,689		—			0.55	%	to	1.90	%		(9.34	%)	to	(10.56	%)
2015		20,715		$1.70	to	$1.15		$35,167		—			0.55	%	to	1.90	%		(6.50	%)	to	(7.76	%)
2014		24,645		$1.81	to	$1.24		$44,824		—			0.55	%	to	1.90	%		1.28	%	to	(0.07	%)
2013		27,537		$1.79	to	$1.25		$49,578		0.24	%		0.55	%	to	1.90	%		36.73	%	to	34.91	%
NB AMT Intl Eq, Cl S
2017		11,254		$1.34	to	$1.36		$15,150		0.65	%		0.55	%	to	1.45	%		26.07	%	to	24.94	%
2016		12,747		$1.06	to	$1.08		$13,664		0.62	%		0.55	%	to	1.45	%		(2.35	%)	to	(3.23	%)
2015		14,559		$1.09	to	$1.12		$16,013		0.91	%		0.55	%	to	1.45	%		0.97	%	to	0.07	%
2014		16,273		$1.07	to	$1.12		$17,812		0.34	%		0.55	%	to	1.45	%		(3.80	%)	to	(4.67	%)
2013		17,639		$1.12	to	$1.17		$20,121		1.39	%		0.55	%	to	1.45	%		17.19	%	to	16.14	%
NB AMT US Eq Index PW Strat, Cl S
2017		3,417		$0.98	to	$0.93		$3,281		—			0.55	%	to	1.90	%		6.10	%	to	4.68	%
2016		3,376		$0.92	to	$0.89		$3,072		—			0.55	%	to	1.90	%		(1.19	%)	to	(2.51	%)
2015		3,673		$0.93	to	$0.91		$3,400		—			0.55	%	to	1.90	%		(5.58	%)	to	(6.85	%)
2014		1,106		$0.99	to	$0.98		$1,091		—			0.55	%	to	1.90	%		(1.46	%)⁽⁸⁾	to	(2.13	%)⁽⁸⁾
Oppen Global VA, Serv
2017		51,073		$2.98	to	$1.79		$130,695		0.73	%		0.55	%	to	1.90	%		35.57	%	to	33.77	%
2016		51,397		$2.20	to	$1.34		$97,849		0.78	%		0.55	%	to	1.90	%		(0.70	%)	to	(2.03	%)
2015		60,235		$2.21	to	$1.36		$116,212		1.05	%		0.55	%	to	1.90	%		3.10	%	to	1.72	%
2014		58,005		$2.15	to	$1.34		$109,803		0.87	%		0.55	%	to	1.90	%		1.50	%	to	0.14	%
2013		60,950		$2.12	to	$1.34		$114,933		1.17	%		0.55	%	to	1.90	%		26.30	%	to	24.60	%
Oppen Global Strategic Inc VA, Srv
2017		184,653		$1.78	to	$1.00		$306,521		1.99	%		0.55	%	to	1.90	%		5.46	%	to	4.05	%
2016		217,796		$1.69	to	$0.97		$344,745		4.63	%		0.55	%	to	1.90	%		5.68	%	to	4.27	%
2015		270,283		$1.60	to	$0.93		$407,154		5.49	%		0.55	%	to	1.90	%		(3.03	%)	to	(4.32	%)
2014		327,695		$1.65	to	$0.97		$511,410		3.88	%		0.55	%	to	1.90	%		1.93	%	to	0.56	%
2013		410,573		$1.62	to	$0.96		$631,311		4.80	%		0.55	%	to	1.90	%		(0.91	%)	to	(4.44	%)⁽⁵⁾
Oppen Main St Sm Cap VA, Serv
2017		37,837		$3.16	to	$1.84		$101,756		0.65	%		0.55	%	to	1.90	%		13.29	%	to	11.77	%
2016		38,137		$2.79	to	$1.65		$91,572		0.25	%		0.55	%	to	1.90	%		17.03	%	to	15.46	%
2015		41,600		$2.39	to	$1.43		$86,026		0.64	%		0.55	%	to	1.90	%		(6.61	%)	to	(7.86	%)
2014		41,092		$2.55	to	$1.55		$91,690		0.64	%		0.55	%	to	1.90	%		11.04	%	to	9.55	%
2013		42,438		$2.30	to	$1.41		$85,905		0.70	%		0.55	%	to	1.90	%		39.85	%	to	37.97	%
PIMCO VIT All Asset, Advisor Cl
2017		56,360		$1.68	to	$1.14		$91,337		4.43	%		0.55	%	to	1.90	%		12.76	%	to	11.25	%
2016		64,890		$1.49	to	$1.02		$93,646		2.43	%		0.55	%	to	1.90	%		12.29	%	to	10.77	%
2015		80,431		$1.33	to	$0.92		$103,895		2.91	%		0.55	%	to	1.90	%		(9.69	%)	to	(10.89	%)
2014		116,223		$1.47	to	$1.04		$166,593		4.79	%		0.55	%	to	1.90	%		(0.10	%)	to	(1.43	%)
2013		154,508		$1.47	to	$1.05		$222,703		4.19	%		0.55	%	to	1.90	%		(0.44	%)	to	(1.79	%)
PIMCO VIT Glb MA Man Alloc, Adv Cl
2017		4,421		$1.15	to	$1.06		$4,914		2.16	%		0.55	%	to	1.90	%		13.37	%	to	11.85	%
2016		4,276		$1.01	to	$0.95		$4,210		2.34	%		0.55	%	to	1.90	%		3.35	%	to	1.98	%
2015		4,724		$0.98	to	$0.93		$4,525		1.76	%		0.55	%	to	1.90	%		(0.81	%)	to	(2.14	%)
2014		4,088		$0.99	to	$0.95		$3,971		2.32	%		0.55	%	to	1.90	%		4.00	%	to	2.62	%
2013		5,310		$0.95	to	$0.93		$4,991		3.28	%		0.55	%	to	1.90	%		(8.41	%)	to	(9.65	%)
PIMCO VIT Tot Return, Advisor Cl
2017		28,808		$1.06	to	$0.99		$29,845		1.92	%		0.55	%	to	1.90	%		4.24	%	to	2.84	%
2016		18,986		$1.02	to	$0.97		$18,973		1.98	%		0.55	%	to	1.90	%		2.01	%	to	0.65	%
2015		14,009		$1.00	to	$0.96		$13,796		4.90	%		0.55	%	to	1.90	%		(0.54	%)	to	(1.88	%)
2014		11,275		$1.00	to	$0.98		$11,228		2.55	%		0.55	%	to	1.90	%		3.95	%	to	2.56	%
2013		8,192		$0.96	to	$0.95		$7,897		2.30	%		0.55	%	to	1.90	%		(3.98	%)⁽⁵⁾	to	(4.86	%)⁽⁵⁾



114		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
Put VT Sus Leaders, Cl IB
2017		11,436		$2.60	to	$2.48		$29,120		0.63	%		0.55	%	to	1.20	%		28.52	%	to	27.69	%
2016		12,838		$2.02	to	$1.94		$25,512		0.72	%		0.55	%	to	1.20	%		7.20	%	to	6.51	%
2015		14,936		$1.88	to	$1.82		$27,762		1.69	%		0.55	%	to	1.20	%		(0.84	%)	to	(1.48	%)
2014		16,591		$1.90	to	$1.85		$31,237		0.31	%		0.55	%	to	1.20	%		12.87	%	to	12.13	%
2013		17,501		$1.68	to	$1.65		$29,283		0.51	%		0.55	%	to	1.20	%		35.69	%	to	34.81	%
Royce Micro-Cap, Invest Cl
2017		3,299		$4.73	to	$4.40		$15,020		0.63	%		0.55	%	to	0.95	%		4.61	%	to	4.19	%
2016		3,920		$4.53	to	$4.22		$17,077		0.68	%		0.55	%	to	0.95	%		19.06	%	to	18.58	%
2015		4,659		$3.80	to	$3.56		$17,086		—			0.55	%	to	0.95	%		(12.94	%)	to	(13.29	%)
2014		5,570		$4.37	to	$4.11		$23,493		—			0.55	%	to	0.95	%		(4.11	%)	to	(4.49	%)
2013		6,965		$4.55	to	$4.30		$30,689		0.49	%		0.55	%	to	0.95	%		20.32	%	to	19.84	%
Temp Global Bond, Cl 2
2017		37,623		$0.98	to	$0.92		$36,206		—			0.55	%	to	1.90	%		1.37	%	to	0.02	%
2016		33,736		$0.97	to	$0.92		$32,181		—			0.55	%	to	1.90	%		2.38	%	to	1.00	%
2015		37,383		$0.95	to	$0.91		$34,993		7.87	%		0.55	%	to	1.90	%		(4.83	%)	to	(6.11	%)
2014		34,706		$0.99	to	$0.97		$34,290		4.82	%		0.55	%	to	1.90	%		1.27	%	to	(0.08	%)
2013		18,987		$0.98	to	$0.97		$18,600		2.59	%		0.55	%	to	1.90	%		(1.97	%)⁽⁵⁾	to	(2.86	%)⁽⁵⁾
Third Ave Val
2017		4,361		$4.07	to	$3.79		$17,074		0.83	%		0.55	%	to	0.95	%		12.97	%	to	12.52	%
2016		5,019		$3.61	to	$3.37		$17,443		0.81	%		0.55	%	to	0.95	%		11.61	%	to	11.16	%
2015		5,995		$3.23	to	$3.03		$18,682		3.32	%		0.55	%	to	0.95	%		(9.39	%)	to	(9.75	%)
2014		7,075		$3.57	to	$3.35		$24,286		2.88	%		0.55	%	to	0.95	%		3.81	%	to	3.39	%
2013		8,571		$3.44	to	$3.24		$28,415		3.27	%		0.55	%	to	0.95	%		18.32	%	to	17.84	%
VanEck VIP Global Gold, Cl S
2017		14,742		$0.88	to	$0.83		$12,758		4.45	%		0.55	%	to	1.90	%		11.02	%	to	9.53	%
2016		14,214		$0.80	to	$0.76		$11,190		0.32	%		0.55	%	to	1.90	%		47.13	%	to	45.16	%
2015		10,176		$0.54	to	$0.52		$5,450		—			0.55	%	to	1.90	%		(24.57	%)	to	(25.58	%)
2014		7,540		$0.72	to	$0.70		$5,379		0.30	%		0.55	%	to	1.90	%		(6.56	%)	to	(7.80	%)
2013		4,276		$0.77	to	$0.76		$3,278		—			0.55	%	to	1.90	%		(23.15	%)⁽⁵⁾	to	(23.84	%)⁽⁵⁾
VP Aggr, Cl 2
2017		645,382		$1.90	to	$1.48		$1,188,161		—			0.55	%	to	1.90	%		18.26	%	to	16.68	%
2016		694,293		$1.61	to	$1.27		$1,085,154		—			0.55	%	to	1.90	%		5.33	%	to	3.92	%
2015		767,605		$1.52	to	$1.22		$1,143,770		—			0.55	%	to	1.90	%		(1.30	%)	to	(2.63	%)
2014		777,550		$1.54	to	$1.25		$1,178,719		—			0.55	%	to	1.90	%		4.95	%	to	3.54	%
2013		808,546		$1.47	to	$1.21		$1,173,070		—			0.55	%	to	1.90	%		20.08	%	to	18.47	%
VP Aggr, Cl 4
2017		438,155		$1.90	to	$1.77		$810,257		—			0.55	%	to	1.45	%		18.22	%	to	17.17	%
2016		554,043		$1.61	to	$1.51		$870,142		—			0.55	%	to	1.45	%		5.39	%	to	4.44	%
2015		678,201		$1.53	to	$1.45		$1,014,551		—			0.55	%	to	1.45	%		(1.30	%)	to	(2.19	%)
2014		756,649		$1.55	to	$1.48		$1,150,971		—			0.55	%	to	1.45	%		4.94	%	to	4.00	%
2013		1,115,592		$1.47	to	$1.43		$1,622,820		—			0.55	%	to	1.45	%		20.05	%	to	18.96	%
VP Conserv, Cl 2
2017		364,115		$1.33	to	$1.11		$466,977		—			0.55	%	to	1.90	%		6.83	%	to	5.40	%
2016		420,989		$1.25	to	$1.05		$507,922		—			0.55	%	to	1.90	%		2.87	%	to	1.49	%
2015		404,404		$1.21	to	$1.04		$476,634		—			0.55	%	to	1.90	%		(0.71	%)	to	(2.04	%)
2014		446,223		$1.22	to	$1.06		$532,392		—			0.55	%	to	1.90	%		3.67	%	to	2.28	%
2013		586,903		$1.18	to	$1.04		$678,882		—			0.55	%	to	1.90	%		2.61	%	to	1.23	%
VP Conserv, Cl 4
2017		438,966		$1.33	to	$1.24		$565,866		—			0.55	%	to	1.45	%		6.75	%	to	5.80	%
2016		557,147		$1.25	to	$1.17		$675,846		—			0.55	%	to	1.45	%		2.87	%	to	1.95	%
2015		573,235		$1.21	to	$1.15		$678,617		—			0.55	%	to	1.45	%		(0.70	%)	to	(1.60	%)
2014		671,729		$1.22	to	$1.17		$804,077		—			0.55	%	to	1.45	%		3.76	%	to	2.82	%
2013		969,662		$1.18	to	$1.14		$1,123,646		—			0.55	%	to	1.45	%		2.53	%	to	1.60	%
VP Man Risk, Cl 2
2017		16,502		$1.04	to	$1.03		$17,080		—			0.55	%	to	1.90	%		3.53	%⁽¹⁰⁾	to	3.14	%⁽¹⁰⁾
VP Man Risk US, Cl 2
2017		10,227		$1.04	to	$1.04		$10,666		—			0.55	%	to	1.90	%		4.33	%⁽¹⁰⁾	to	3.94	%⁽¹⁰⁾



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			115


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾		Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
VP Man Vol Conserv, Cl 2
2017		371,569		$1.12	to	$1.07		$412,801		—		0.55	%	to	1.90	%		7.30	%	to	5.86	%
2016		375,994		$1.05	to	$1.01		$390,968		—		0.55	%	to	1.90	%		2.49	%	to	1.12	%
2015		205,029		$1.02	to	$1.00		$208,901		—		0.55	%	to	1.90	%		(1.68	%)	to	(2.99	%)
2014		117,419		$1.04	to	$1.03		$122,260		—		0.55	%	to	1.90	%		3.87	%	to	2.48	%
2013		55,507		$1.00	to	$1.00		$55,925		—		0.55	%	to	1.90	%		(0.06	%)⁽⁷⁾	to	(0.29	%)⁽⁵⁾
VP Man Vol Conserv Gro, Cl 2
2017		1,090,668		$1.17	to	$1.13		$1,283,320		—		0.55	%	to	1.90	%		10.58	%	to	9.11	%
2016		1,147,613		$1.05	to	$1.04		$1,225,828		—		0.55	%	to	1.90	%		2.60	%	to	1.23	%
2015		787,479		$1.03	to	$1.03		$823,246		—		0.55	%	to	1.90	%		(2.37	%)	to	(3.67	%)
2014		568,924		$1.05	to	$1.06		$611,169		—		0.55	%	to	1.90	%		4.12	%	to	2.72	%
2013		226,702		$1.01	to	$1.04		$235,448		—		0.55	%	to	1.90	%		0.61	%⁽⁷⁾	to	2.86	%⁽⁵⁾
VP Man Vol Gro, Cl 2
2017		7,241,065		$1.24	to	$1.27		$9,417,648		—		0.55	%	to	1.90	%		16.84	%	to	15.28	%
2016		6,861,703		$1.06	to	$1.10		$7,649,392		—		0.55	%	to	1.90	%		2.80	%	to	1.42	%
2015		6,355,234		$1.03	to	$1.08		$6,894,914		—		0.55	%	to	1.90	%		(3.87	%)	to	(5.16	%)
2014		4,932,170		$1.07	to	$1.14		$5,556,332		—		0.55	%	to	1.90	%		4.37	%	to	2.97	%
2013		1,697,067		$1.03	to	$1.11		$1,843,697		—		0.55	%	to	1.90	%		1.95	%⁽⁷⁾	to	9.45	%⁽⁵⁾
VP Man Vol Mod Gro, Cl 2
2017		10,233,494		$1.21	to	$1.27		$13,380,654		—		0.55	%	to	1.90	%		13.72	%	to	12.20	%
2016		10,167,228		$1.06	to	$1.14		$11,730,363		—		0.55	%	to	1.90	%		2.85	%	to	1.47	%
2015		9,075,444		$1.03	to	$1.12		$10,207,540		—		0.55	%	to	1.90	%		(3.05	%)	to	(4.35	%)
2014		7,692,582		$1.06	to	$1.17		$8,953,330		—		0.55	%	to	1.90	%		4.28	%	to	2.88	%
2013		4,889,836		$1.02	to	$1.14		$5,553,983		—		0.55	%	to	1.90	%		1.40	%⁽⁷⁾	to	12.05	%
VP Mod, Cl 2
2017		4,525,857		$1.62	to	$1.29		$7,073,183		—		0.55	%	to	1.90	%		12.60	%	to	11.10	%
2016		4,720,820		$1.44	to	$1.16		$6,581,507		—		0.55	%	to	1.90	%		4.06	%	to	2.67	%
2015		4,872,680		$1.38	to	$1.13		$6,556,989		—		0.55	%	to	1.90	%		(1.10	%)	to	(2.43	%)
2014		5,028,711		$1.40	to	$1.16		$6,873,036		—		0.55	%	to	1.90	%		4.49	%	to	3.09	%
2013		5,282,492		$1.34	to	$1.12		$6,941,783		—		0.55	%	to	1.90	%		10.75	%	to	9.26	%
VP Mod, Cl 4
2017		5,535,497		$1.62	to	$1.51		$8,698,841		—		0.55	%	to	1.45	%		12.59	%	to	11.58	%
2016		6,377,730		$1.44	to	$1.35		$8,937,621		—		0.55	%	to	1.45	%		4.06	%	to	3.12	%
2015		7,222,346		$1.38	to	$1.31		$9,765,609		—		0.55	%	to	1.45	%		(1.10	%)	to	(1.99	%)
2014		7,922,040		$1.40	to	$1.34		$10,873,224		—		0.55	%	to	1.45	%		4.48	%	to	3.54	%
2013		8,850,388		$1.34	to	$1.29		$11,671,060		—		0.55	%	to	1.45	%		10.82	%	to	9.82	%
VP Mod Aggr, Cl 2
2017		2,232,170		$1.76	to	$1.38		$3,799,415		—		0.55	%	to	1.90	%		15.51	%	to	13.97	%
2016		2,427,281		$1.52	to	$1.21		$3,592,456		—		0.55	%	to	1.90	%		4.69	%	to	3.29	%
2015		2,674,127		$1.45	to	$1.17		$3,797,681		—		0.55	%	to	1.90	%		(1.27	%)	to	(2.59	%)
2014		2,793,304		$1.47	to	$1.20		$4,035,594		—		0.55	%	to	1.90	%		4.57	%	to	3.17	%
2013		3,023,702		$1.41	to	$1.16		$4,195,297		—		0.55	%	to	1.90	%		15.44	%	to	13.89	%
VP Mod Aggr, Cl 4
2017		1,694,432		$1.76	to	$1.64		$2,900,251		—		0.55	%	to	1.45	%		15.56	%	to	14.52	%
2016		2,083,794		$1.52	to	$1.43		$3,098,935		—		0.55	%	to	1.45	%		4.68	%	to	3.75	%
2015		2,538,648		$1.46	to	$1.38		$3,620,415		—		0.55	%	to	1.45	%		(1.34	%)	to	(2.22	%)
2014		2,876,781		$1.48	to	$1.41		$4,173,366		—		0.55	%	to	1.45	%		4.64	%	to	3.69	%
2013		4,272,587		$1.41	to	$1.36		$5,945,143		—		0.55	%	to	1.45	%		15.41	%	to	14.37	%
VP Mod Conserv, Cl 2
2017		951,569		$1.46	to	$1.19		$1,344,016		—		0.55	%	to	1.90	%		9.41	%	to	7.94	%
2016		1,050,146		$1.34	to	$1.10		$1,362,169		—		0.55	%	to	1.90	%		3.40	%	to	2.01	%
2015		1,080,404		$1.29	to	$1.08		$1,362,065		—		0.55	%	to	1.90	%		(0.77	%)	to	(2.10	%)
2014		1,171,936		$1.30	to	$1.10		$1,495,793		—		0.55	%	to	1.90	%		4.20	%	to	2.80	%
2013		1,384,885		$1.25	to	$1.07		$1,704,963		—		0.55	%	to	1.90	%		6.54	%	to	5.11	%
VP Mod Conserv, Cl 4
2017		1,166,069		$1.47	to	$1.37		$1,656,917		—		0.55	%	to	1.45	%		9.31	%	to	8.34	%
2016		1,410,424		$1.34	to	$1.26		$1,841,117		—		0.55	%	to	1.45	%		3.47	%	to	2.54	%
2015		1,588,850		$1.30	to	$1.23		$2,012,896		—		0.55	%	to	1.45	%		(0.84	%)	to	(1.74	%)
2014		1,869,994		$1.31	to	$1.25		$2,399,263		—		0.55	%	to	1.45	%		4.19	%	to	3.25	%
2013		2,377,982		$1.26	to	$1.21		$2,940,648		—		0.55	%	to	1.45	%		6.52	%	to	5.56	%



116		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT


	At Dec. 31								For the year ended Dec. 31
	Units (000s)		Accumulation unit value lowest to highest⁽¹⁾				Net assets (000s)		Investment income ratio⁽²⁾			Expense ratio lowest to highest⁽³⁾						Total return lowest to highest⁽¹⁾⁽⁴⁾
VP Ptnrs Sm Cap Val, Cl 3
2017		26,821		$3.64	to	$1.92		$83,615		—			0.55	%	to	1.45	%		6.44	%	to	5.49	%
2016		32,428		$3.42	to	$1.82		$95,187		—			0.55	%	to	1.45	%		24.85	%	to	23.73	%
2015		38,518		$2.74	to	$1.47		$91,180		—			0.55	%	to	1.45	%		(9.85	%)	to	(10.66	%)
2014		45,329		$3.04	to	$1.65		$119,932		—			0.55	%	to	1.45	%		1.50	%	to	0.59	%
2013		56,024		$2.99	to	$1.64		$147,194		—			0.55	%	to	1.45	%		34.07	%	to	32.86	%
VP US Flex Conserv Gro, Cl 2⁽¹¹⁾
2017		69,286		$1.04	to	$1.10		$77,087		—			0.55	%	to	1.90	%		3.43	%⁽¹⁰⁾	to	9.62	%
VP US Flex Gro, Cl 2⁽¹¹⁾
2017		782,503		$1.06	to	$1.20		$948,181		—			0.55	%	to	1.90	%		6.17	%⁽¹⁰⁾	to	16.23	%
VP US Flex Mod Gro, Cl 2⁽¹¹⁾
2017		581,575		$1.05	to	$1.15		$675,916		—			0.55	%	to	1.90	%		4.93	%⁽¹⁰⁾	to	13.02	%
Wanger Intl
2017		68,564		$4.09	to	$1.99		$224,311		1.20	%		0.55	%	to	1.45	%		32.19	%	to	31.01	%
2016		78,620		$3.10	to	$1.52		$195,758		1.13	%		0.55	%	to	1.45	%		(1.95	%)	to	(2.83	%)
2015		94,010		$3.16	to	$1.56		$241,040		1.42	%		0.55	%	to	1.45	%		(0.45	%)	to	(1.35	%)
2014		107,941		$3.17	to	$1.58		$280,176		1.41	%		0.55	%	to	1.45	%		(4.93	%)	to	(5.78	%)
2013		123,922		$3.34	to	$1.68		$342,548		2.61	%		0.55	%	to	1.45	%		21.70	%	to	20.60	%
Wanger USA
2017		73,900		$4.42	to	$2.25		$269,824		—			0.55	%	to	1.45	%		18.93	%	to	17.86	%
2016		87,712		$3.71	to	$1.91		$269,942		—			0.55	%	to	1.45	%		13.07	%	to	12.05	%
2015		105,481		$3.28	to	$1.70		$289,513		0.00	%		0.55	%	to	1.45	%		(1.15	%)	to	(2.04	%)
2014		121,749		$3.32	to	$1.74		$341,048		0.00	%		0.55	%	to	1.45	%		4.21	%	to	3.27	%
2013		144,422		$3.19	to	$1.68		$391,758		0.14	%		0.55	%	to	1.45	%		33.02	%	to	31.82	%
WF VT Index Asset Alloc, Cl 2
2017		11,067		$2.53	to	$2.40		$27,343		0.74	%		0.55	%	to	1.20	%		11.64	%	to	10.91	%
2016		12,593		$2.26	to	$2.17		$27,911		0.89	%		0.55	%	to	1.20	%		7.09	%	to	6.39	%
2015		13,760		$2.11	to	$2.04		$28,356		1.03	%		0.55	%	to	1.20	%		0.70	%	to	0.04	%
2014		15,061		$2.10	to	$2.03		$30,814		1.53	%		0.55	%	to	1.20	%		17.41	%	to	16.65	%
2013		16,691		$1.79	to	$1.74		$29,125		1.63	%		0.55	%	to	1.20	%		18.97	%	to	18.20	%
WF VT Intl Eq, Cl 2
2017		23,601		$2.00	to	$1.31		$40,675		2.82	%		0.55	%	to	1.45	%		23.66	%	to	22.55	%
2016		24,730		$1.62	to	$1.07		$34,690		2.82	%		0.55	%	to	1.45	%		2.73	%	to	1.81	%
2015		30,265		$1.58	to	$1.05		$41,543		3.97	%		0.55	%	to	1.45	%		1.24	%	to	0.33	%
2014		29,780		$1.56	to	$1.05		$40,733		2.68	%		0.55	%	to	1.45	%		(5.87	%)	to	(6.72	%)
2013		33,222		$1.66	to	$1.13		$48,586		2.14	%		0.55	%	to	1.45	%		18.87	%	to	17.80	%
WF VT Sm Cap Gro, Cl 2
2017		25,824		$2.90	to	$1.64		$69,947		—			0.55	%	to	1.90	%		25.17	%	to	23.50	%
2016		28,341		$2.32	to	$1.33		$61,652		—			0.55	%	to	1.90	%		7.16	%	to	5.73	%
2015		33,099		$2.16	to	$1.26		$67,685		—			0.55	%	to	1.90	%		(3.42	%)	to	(4.71	%)
2014		32,243		$2.24	to	$1.32		$68,710		—			0.55	%	to	1.90	%		(2.42	%)	to	(3.72	%)
2013		38,552		$2.29	to	$1.37		$84,690		—			0.55	%	to	1.90	%		49.41	%	to	47.40	%
WA Var Global Hi Yd Bond, Cl II
2017		9,079		$1.15	to	$1.08		$10,224		5.77	%		0.55	%	to	1.90	%		7.83	%	to	6.39	%
2016		6,019		$1.07	to	$1.02		$6,315		5.94	%		0.55	%	to	1.90	%		14.73	%	to	13.20	%
2015		6,145		$0.93	to	$0.90		$5,648		5.80	%		0.55	%	to	1.90	%		(6.59	%)	to	(7.85	%)
2014		6,037		$1.00	to	$0.97		$5,973		8.19	%		0.55	%	to	1.90	%		(2.05	%)	to	(3.36	%)
2013		3,009		$1.02	to	$1.01		$3,051		16.72	%		0.55	%	to	1.90	%		1.04	%⁽⁵⁾	to	0.13	%⁽⁵⁾

⁽¹⁾

The accumulation unit values and total returns are based on the variable annuity contracts with the lowest and highest expense ratios.

⁽²⁾

These amounts represent the dividends, excluding distributions of capital gains, received by the division from the underlying fund, net of management fees assessed by the fund manager, divided by the average net assets. These ratios exclude variable account expenses that result in direct reductions in the unit values. The recognition of investment income by the division is affected by the timing of the declaration of dividends by the underlying fund in which the division invests. These ratios are annualized for periods less than one year.

⁽³⁾

These ratios represent the annualized contract expenses of the separate account, consisting primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying fund are excluded.

⁽⁴⁾

These amounts represent the total return for the periods indicated, including changes in the value of the underlying fund, and reflect deductions for all items included in the expense ratio. The total return does not include any expenses assessed through the redemption of units; inclusion of these expenses in the calculation would result in a



RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT			117

reduction in the total return presented. Investment options with a date notation indicate the effective date of that investment option in the variable account. The total return is calculated for the period indicated or from the effective date through the end of the reporting period. Although the total return is presented as a range of minimum to maximum values, based on the subaccounts representing the minimum and maximum expense ratio amounts, some individual subaccount total returns are not within the ranges presented due to the introduction of new subaccounts during the year and other market factors.

⁽⁵⁾

New subaccount operations commenced on April 29, 2013.

⁽⁶⁾

New subaccount operations commenced on April 30, 2013.

⁽⁷⁾

New subaccount operations commenced on Nov. 18, 2013.

⁽⁸⁾

New subaccount operations commenced on June 30, 2014.

⁽⁹⁾

New subaccount operations commenced on April 29, 2016.

⁽¹⁰⁾

New subaccount operations commenced on Sept. 18, 2017.

⁽¹¹⁾

Effective Sept. 18, 2017, the Fund option became available under RAVA Band 3.



118		RIVERSOURCE RETIREMENT ADVISOR VARIABLE ANNUITY – BAND 3 – 2017 ANNUAL REPORT

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

TO THE BOARD OF DIRECTORS AND SHAREHOLDER OF

RIVERSOURCE LIFE INSURANCE COMPANY:

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of RiverSource Life Insurance Company and its subsidiaries as of December 31, 2017 and 2016, and the related consolidated statements of income, comprehensive income, shareholder’s equity, and cash flows for each of the three years in the period ended December 31, 2017, including the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2017 and 2016, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2017 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s consolidated financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these consolidated financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ PricewaterHouseCoopers LLP

Minneapolis, Minnesota

February 22, 2018

We have served as the Company’s auditor since 2010.

F-1

RiverSource Life Insurance Company

CONSOLIDATED BALANCE SHEETS

(in millions, except share amounts)


December 31,	2017		2016
Assets
Investments:
Available-for-Sale:
Fixed maturities, at fair value (amortized cost: 2017, $20,764; 2016, $21,464)	$	22,155	$	22,682
Common stocks, at fair value (cost: 2017, $1; 2016, $4)		—		10
Mortgage loans, at amortized cost (less allowance for loan losses: 2017, $16; 2016, $19)		2,619		2,874
Policy loans		845		830
Other investments		900		998
Total investments		26,519		27,394
Cash and cash equivalents		1,062		323
Reinsurance recoverables		2,876		2,623
Other receivables		207		262
Accrued investment income		219		237
Deferred acquisition costs		2,639		2,611
Other assets		4,358		4,305
Separate account assets		82,560		76,298
Total assets	$	120,440	$	114,053

Liabilities and Shareholder’s Equity
Liabilities:
Policyholder account balances, future policy benefits and claims	$	29,178	$	29,514
Short-term borrowings		200		200
Other liabilities		4,674		4,253
Separate account liabilities		82,560		76,298
Total liabilities		116,612		110,265
Shareholder’s equity:
Common stock, $30 par value; 100,000 shares authorized, issued and outstanding		3		3
Additional paid-in capital		2,466		2,466
Retained earnings		903		862
Accumulated other comprehensive income, net of tax		456		457
Total shareholder’s equity		3,828		3,788
Total liabilities and shareholder’s equity	$	120,440	$	114,053

See Notes to Consolidated Financial Statements.

F-2

RiverSource Life Insurance Company

CONSOLIDATED STATEMENTS OF INCOME

(in millions)


Years ended December 31,	2017		2016		2015
Revenues
Premiums	$	410	$	417	$	406
Net investment income		1,011		1,128		1,218
Policy and contract charges		1,927		1,984		1,880
Other revenues		416		406		422
Net realized investment gains (losses)		40		26		4
Total revenues		3,804		3,961		3,930

Benefits and expenses
Benefits, claims, losses and settlement expenses		1,239		1,611		1,213
Interest credited to fixed accounts		656		623		668
Amortization of deferred acquisition costs		207		334		273
Other insurance and operating expenses		701		683		736
Total benefits and expenses		2,803		3,251		2,890
Pretax income (loss)		1,001		710		1,040
Income tax provision (benefit)		260		24		145
Net income	$	741	$	686	$	895

Supplemental Disclosures:
Total other-than-temporary impairment losses on securities	$	—	$	—	$	(8	)
Portion of loss recognized in other comprehensive income (before taxes)		—		—		1
Net impairment losses recognized in net realized investment gains (losses)	$	—	$	—	$	(7	)

See Notes to Consolidated Financial Statements.

F-3

RiverSource Life Insurance Company

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(in millions)


Years ended December 31,	2017			2016		2015

Net income	$	741		$	686	$	895
Other comprehensive income (loss), net of tax:
Net unrealized gains (losses) on securities		(3	)		58		(338	)
Net unrealized gains (losses) on derivatives		3			4		4
Other		(1	)		—		—
Total other comprehensive income (loss), net of tax		(1	)		62		(334	)
Total comprehensive income	$	740		$	748	$	561

See Notes to Consolidated Financial Statements.

F-4

RiverSource Life Insurance Company

CONSOLIDATED STATEMENTS OF SHAREHOLDER’S EQUITY

(in millions)


	Common Shares		Additional Paid-In Capital		Retained Earnings			Accumulated Other Comprehensive Income			Total
Balances at January 1, 2015	$	3	$	2,464	$	1,081		$	729		$	4,277
Comprehensive income:
Net income		—		—		895			—			895
Other comprehensive income (loss), net of tax		—		—		—			(334	)		(334	)

Total comprehensive income												561
Tax adjustment on share-based incentive compensation plan		—		1		—			—			1
Cash dividends to Ameriprise Financial, Inc.		—		—		(800	)		—			(800	)

Balances at December 31, 2015		3		2,465		1,176			395			4,039
Comprehensive income:
Net income		—		—		686			—			686
Other comprehensive income (loss), net of tax		—		—		—			62			62

Total comprehensive income												748
Tax adjustment on share-based incentive compensation plan		—		1		—			—			1
Cash dividends to Ameriprise Financial, Inc.		—		—		(1,000	)		—			(1,000	)

Balances at December 31, 2016		3		2,466		862			457			3,788
Comprehensive income:
Net income		—		—		741			—			741
Other comprehensive income (loss), net of tax		—		—		—			(1	)		(1	)

Total comprehensive income												740
Cash dividends to Ameriprise Financial, Inc.		—		—		(700	)		—			(700	)
Balances at December 31, 2017	$	3	$	2,466	$	903		$	456		$	3,828

See Notes to Consolidated Financial Statements.

F-5

RiverSource Life Insurance Company

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in millions)


Years ended December 31,	2017			2016			2015
Cash Flows from Operating Activities
Net income	$	741		$	686		$	895
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation, amortization and accretion, net		48			40			18
Deferred income tax (benefit) expense		101			5			(91	)
Contractholder and policyholder charges, non-cash		(359	)		(348	)		(334	)
Loss from equity method investments		108			53			18
Net realized investment (gains) losses		(40	)		(30	)		(13	)
Other-than-temporary impairments and provision for loan losses recognized in net realized investment gains (losses)		—			4			9
Changes in operating assets and liabilities:
Deferred acquisition costs		(35	)		55			(2	)
Policyholder account balances, future policy benefits and claims, net		(121	)		338			703
Derivatives, net of collateral		504			93			69
Reinsurance recoverables		(266	)		(212	)		(132	)
Other receivables		42			(12	)		(9	)
Accrued investment income		18			7			11
Other, net		(33	)		188			408
Net cash provided by (used in) operating activities		708			867			1,550

Cash Flows from Investing Activities
Available-for-Sale securities:
Proceeds from sales		234			297			158
Maturities, sinking fund payments and calls		2,491			2,318			2,589
Purchases		(2,034	)		(3,174	)		(2,279	)
Proceeds from sales, maturities and repayments of mortgage loans		690			783			618
Funding of mortgage loans		(439	)		(433	)		(523	)
Proceeds from sales and collections of other investments		156			156			115
Purchase of other investments		(201	)		(164	)		(158	)
Purchase of land, buildings, equipment and software		(9	)		(9	)		(11	)
Change in policy loans, net		(15	)		(7	)		(18	)
Advance on line of credit to Ameriprise Financial, Inc.		(15	)		—			—
Repayment from Ameriprise Financial, Inc. on line of credit		15			—			—
Other, net		(4	)		83			4
Net cash provided by (used in) investing activities		869			(150	)		495

Cash Flows from Financing Activities
Policyholder account balances:
Deposits and other additions		2,059			2,086			2,061
Net transfers from (to) separate accounts		(157	)		127			(171	)
Surrenders and other benefits		(1,893	)		(1,932	)		(2,714	)
Change in short-term borrowings, net		—			(1	)		(1	)
Proceeds from line of credit with Ameriprise Financial, Inc.		20			22			6
Payments on line of credit with Ameriprise Financial, Inc.		(20	)		(22	)		(6	)
Cash received for purchased options with deferred premiums		116			276			16
Cash paid for purchased options with deferred premiums		(263	)		(320	)		(373	)
Cash dividends to Ameriprise Financial, Inc.		(700	)		(1,000	)		(800	)
Net cash provided by (used in) financing activities		(838	)		(764	)		(1,982	)
Net increase (decrease) in cash and cash equivalents		739			(47	)		63
Cash and cash equivalents at beginning of period		323			370			307
Cash and cash equivalents at end of period	$	1,062		$	323		$	370

Supplemental Disclosures:
Income taxes paid (received), net	$	250		$	(120	)	$	(57	)
Interest paid on borrowings		2			1			1
Non-cash investing activity:
Partnership commitments not yet remitted		9			108			45

See Notes to Consolidated Financial Statements.

F-6

RiverSource Life Insurance Company

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1. NATURE OF BUSINESS AND BASIS OF PRESENTATION

RiverSource Life Insurance Company is a stock life insurance company with one wholly owned stock life insurance company subsidiary, RiverSource Life Insurance Co. of New York (“RiverSource Life of NY”). RiverSource Life Insurance Company is a wholly owned subsidiary of Ameriprise Financial, Inc. (“Ameriprise Financial”).

•

RiverSource Life Insurance Company is domiciled in Minnesota and holds Certificates of Authority in American Samoa, the District of Columbia and all states except New York. RiverSource Life Insurance Company issues insurance and annuity products.

•

RiverSource Life of NY is domiciled and holds a Certificate of Authority in New York. RiverSource Life of NY issues insurance and annuity products.

RiverSource Life Insurance Company also wholly owns RiverSource Tax Advantaged Investments, Inc. (“RTA”). RTA is a stock company domiciled in Delaware and is a limited partner in affordable housing partnership investments.

The accompanying Consolidated Financial Statements include the accounts of RiverSource Life Insurance Company and companies in which it directly or indirectly has a controlling financial interest (collectively, the “Company”). All intercompany transactions and balances have been eliminated in consolidation.

In 2017, the Company recorded the following out-of-period corrections:

•

a $12 million out-of-period correction related to a variable annuity model assumption that decreased amortization of deferred acquisition costs (“DAC”) by $8 million and decreased benefits, claims, losses and settlement expenses by $4 million.

•

a $20 million decrease to income tax provision for a reversal of a tax reserve.

In 2016, the Company recorded a $29 million increase to long term care (“LTC”) reserves for an out-of-period correction related to its claim utilization factor.

The impact of these out-of-period corrections was not material to current or prior period financial statements.

The accompanying Consolidated Financial Statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) which vary in certain respects from reporting practices prescribed or permitted by state insurance regulatory authorities as described in Note 15.

The Company evaluated events or transactions that may have occurred after the balance sheet date for potential recognition or disclosure through the date the financial statements were issued.

The Company’s principal products are variable deferred annuities, universal life (“UL”) insurance, including indexed universal life (“IUL”) and variable universal life (“VUL”) insurance, which are issued primarily to individuals. Waiver of premium and accidental death benefit riders are generally available with the UL products, in addition to other benefit riders. Variable annuity contract purchasers can choose to add optional benefit riders to their contracts, such as guaranteed minimum death benefit (“GMDB”), guaranteed minimum withdrawal benefit (“GMWB”) and guaranteed minimum accumulation benefit (“GMAB”) riders.

The Company also offers immediate annuities, fixed deferred annuities, and traditional life and disability income (“DI”) insurance. The Company issues only non-participating life insurance policies which do not pay dividends to policyholders and contractholders.

Nearly all of the Company’s business is sold through the retail distribution channel of Ameriprise Financial Services, Inc. (“AFSI”), a subsidiary of Ameriprise Financial. RiverSource Distributors, Inc., a subsidiary of Ameriprise Financial, serves as the principal underwriter and distributor of variable annuity and life insurance products issued by the Company.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation

A variable interest entity (“VIE”) is an entity that either has equity investors that lack certain essential characteristics of a controlling financial interest (including substantive voting rights, the obligation to absorb the entity’s losses, or the rights to receive the entity’s returns) or has equity investors that do not provide sufficient financial resources for the entity to support its activities.

Voting interest entities (“VOEs”) are those entities that do not qualify as a VIE. The Company consolidates VOEs in which it holds a greater than 50% voting interest. The Company generally accounts for entities using the equity method when it holds a greater than 20% but less than 50% voting interest or when the Company exercises significant influence over the entity. All other investments that are not reported at fair value as trading or Available-for-Sale securities are accounted for under the cost method when the Company owns less than a 20% voting interest and does not exercise significant influence.

F-7

RiverSource Life Insurance Company

A VIE is consolidated by the reporting entity that determines it has both:

•

the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance; and

•

the obligation to absorb potentially significant losses or the right to receive potentially significant benefits to the VIE.

All VIEs are assessed for consolidation under this framework. When evaluating entities for consolidation, the Company considers its contractual rights in determining whether it has the power to direct the activities of the VIE that most significantly impact the VIEs economic performance. In determining whether the Company has this power, it considers whether it is acting in a role that enables it to direct the activities that most significantly impact the economic performance of an entity or if it is acting in an agent role.

In determining whether the Company has the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE, the Company considers an analysis of its rights to receive benefits such as investment returns and its obligation to absorb losses associated with any investment in the VIE in conjunction with other qualitative factors. Management and incentive fees that are at market and commensurate with the level of services provided, and where the Company does not hold other interests in the VIE that would absorb more than an insignificant amount of the VIE’s expected losses or receive more than an insignificant amount of the VIE’s expected residual returns, are not considered a variable interest and are excluded from the analysis.

The consolidation guidance has a scope exception for reporting entities with interests in registered money market funds which do not have an explicit support agreement.

Amounts Based on Estimates and Assumptions

Accounting estimates are an integral part of the Consolidated Financial Statements. In part, they are based upon assumptions concerning future events. Among the more significant are those that relate to investment securities valuation and recognition of other-than-temporary impairments, DAC and the corresponding recognition of DAC amortization, valuation of derivative instruments and hedging activities, claims reserves and income taxes and the recognition of deferred tax assets and liabilities. These accounting estimates reflect the best judgment of management and actual results could differ.

Investments

Available-for-Sale Securities

Available-for-Sale securities are carried at fair value with unrealized gains (losses) recorded in accumulated other comprehensive income (“AOCI”), net of impacts to DAC, deferred sales inducement costs (“DSIC”), unearned revenue, benefit reserves, reinsurance recoverables and income taxes. Gains and losses are recognized on a trade date basis in the Consolidated Statements of Income upon disposition of the securities.

When the fair value of an investment is less than its amortized cost, the Company assesses whether or not: (i) it has the intent to sell the security (made a decision to sell) or (ii) it is more likely than not that the Company will be required to sell the security before its anticipated recovery. If either of these conditions exist, an other-than-temporary impairment is considered to have occurred and the Company recognizes an other-than-temporary impairment for the difference between the investment’s amortized cost and its fair value through earnings. For securities that do not meet the above criteria and the Company does not expect to recover a security’s amortized cost, the security is also considered other-than-temporarily impaired. For these securities, the Company separates the total impairment into the credit loss component and the amount of the loss related to other factors. The amount of the total other-than-temporary impairment related to credit loss is recognized in earnings.

The amount of the total other-than-temporary impairment related to other factors is recognized in other comprehensive income (“OCI”), net of impacts to DAC, DSIC, unearned revenue, benefit reserves, reinsurance recoverables and income taxes. For Available-for-Sale securities that have recognized an other-than-temporary impairment through earnings, the difference between the amortized cost and the cash flows expected to be collected is accreted as interest income if through subsequent evaluation there is a sustained increase in the cash flow expected. Subsequent increases and decreases in the fair value of Available-for-Sale securities are included in OCI.

The Company provides a supplemental disclosure on the face of its Consolidated Statements of Income that presents: (i) total other-than-temporary impairment losses recognized during the period and (ii) the portion of other-than-temporary impairment losses recognized in OCI. The sum of these amounts represents the credit-related portion of other-than-temporary impairments that were recognized in earnings during the period. The portion of other-than-temporary losses recognized in OCI includes: (i) the portion of other-than-temporary impairment losses related to factors other than credit recognized during the period and (ii) reclassifications of other-than-temporary impairment losses previously determined to be related to factors other than credit that are determined to be credit-related in the current period. The amount presented on the Consolidated Statements of Income as the portion of other-than-temporary losses recognized in OCI excludes subsequent increases and decreases in the fair value of these securities.

For all securities that are considered temporarily impaired, the Company does not intend to sell these securities (has not made a decision to sell) and it is not more likely than not that the Company will be required to sell the security before recovery of its

F-8

RiverSource Life Insurance Company

amortized cost basis. The Company believes that it will collect all principal and interest due on all investments that have amortized cost in excess of fair value that are considered only temporarily impaired.

Factors the Company considers in determining whether declines in the fair value of fixed maturity securities are other-than-temporary include: (i) the extent to which the market value is below amortized cost; (ii) the duration of time in which there has been a significant decline in value; (iii) fundamental analysis of the liquidity, business prospects and overall financial condition of the issuer; and (iv) market events that could impact credit ratings, economic and business climate, litigation and government actions, and similar external business factors. In order to determine the amount of the credit loss component for corporate debt securities considered other-than-temporarily impaired, a best estimate of the present value of cash flows expected to be collected discounted at the security’s effective interest rate is compared to the amortized cost basis of the security. The significant inputs to cash flow projections consider potential debt restructuring terms, projected cash flows available to pay creditors and the Company’s position in the debtor’s overall capital structure.

For structured investments (e.g., residential mortgage backed securities, commercial mortgage backed securities and asset backed securities), the Company also considers factors such as overall deal structure and its position within the structure, quality of underlying collateral, delinquencies and defaults, loss severities, recoveries, prepayments and cumulative loss projections in assessing potential other-than-temporary impairments of these investments. Based upon these factors, securities that have indicators of potential other-than-temporary impairment are subject to detailed review by management. Securities for which declines are considered temporary continue to be monitored by management until management determines there is no current risk of an other-than-temporary impairment.

Other Investments

Other investments primarily reflect the Company’s interests in affordable housing partnerships and syndicated loans which represent investments in below investment grade loan syndications. Affordable housing partnerships are accounted for under the equity method.

Financing Receivables

Mortgage Loans and Syndicated Loans

Mortgage loans, net reflect the Company’s interest in commercial mortgage loans less the related allowance for loan losses and, as of December 31, 2016, residential mortgage loans.

Mortgage loans and syndicated loans are stated at amortized cost, net of allowances for loan losses.

Interest income is accrued on the unpaid principal balances of the loans as earned.

Policy Loans

Policy loans include life insurance policy and annuity loans and are reported at the unpaid principal balance, plus accrued interest.

When originated, policy loan balances do not exceed the cash surrender value of the underlying products. As there is minimal risk of loss related to these loans, the Company does not record an allowance for loan losses for policy loans.

Nonaccrual Loans

Generally, loans are evaluated for or placed on nonaccrual status when either the collection of interest or principal has become 90 days past due or is otherwise considered doubtful of collection. When a loan is placed on nonaccrual status, unpaid accrued interest is reversed. Interest payments received on loans on nonaccrual status are generally applied to principal unless the remaining principal balance has been determined to be fully collectible.

Commercial mortgage loans are evaluated for impairment when the loan is considered for nonaccrual status, restructured or foreclosure proceedings are initiated on the property. If it is determined that the fair value is less than the current loan balance, it is written down to fair value less estimated selling costs. Residential mortgage loans are impaired when management determines the assets are uncollectible and commences foreclosure proceedings on the property, at which time the property is written down to fair value less selling costs. Foreclosed property is recorded as real estate owned in other investments. Syndicated loans are placed on nonaccrual status when management determines it will not collect all contractual principal and interest on the loan.

Allowance for Loan Losses

Management determines the adequacy of the allowance for loan losses based on the overall loan portfolio composition, recent and historical loss experience, and other pertinent factors, including when applicable, internal risk ratings, loan-to-value (“LTV”) ratios, FICO scores of the borrower, debt service coverage and occupancy rates, along with economic and market conditions. This evaluation is inherently subjective as it requires estimates, which may be susceptible to significant change.

The Company determines the amount of the allowance based on management’s assessment of relative risk characteristics of the loan portfolio. The allowance is recorded for homogeneous loan categories on a pool basis, based on an analysis of product mix and risk characteristics of the portfolio, including geographic concentration, bankruptcy experiences, and historical losses, adjusted for current trends and market conditions.

F-9

RiverSource Life Insurance Company

While the Company attributes portions of the allowance to specific loan pools as part of the allowance estimation process, the entire allowance is available to absorb losses inherent in the total loan portfolio. The allowance is increased through provisions charged to net realized investment gains (losses) and reduced/increased by net charge-offs/recoveries.

Impaired Loans

The Company considers a loan to be impaired when, based on current information and events, it is probable the Company will not be able to collect all amounts due (both interest and principal) according to the contractual terms of the loan agreement. Impaired loans may also include loans that have been modified in troubled debt restructurings as a concession to borrowers experiencing financial difficulties. Management evaluates for impairment all restructured loans and loans with higher impairment risk factors. Factors used by the Company to determine whether all amounts due on commercial mortgage loans will be collected, include but are not limited to, the financial condition of the borrower, performance of the underlying properties, collateral and/or guarantees on the loan, and the borrower’s estimated future ability to pay based on property type and geographic location. The impairment recognized is measured as the excess of the loan’s recorded investment over: (i) the present value of its expected principal and interest payments discounted at the loan’s effective interest rate, (ii) the fair value of collateral or (iii) the loan’s observable market price.

Restructured Loans

A loan is classified as a restructured loan when the Company makes certain concessionary modifications to contractual terms for borrowers experiencing financial difficulties. When the interest rate, minimum payments, and/or due dates have been modified in an attempt to make the loan more affordable to a borrower experiencing financial difficulties, the modification is considered a troubled debt restructuring. Generally, performance prior to the restructuring or significant events that coincide with the restructuring are considered in assessing whether the borrower can meet the new terms which may result in the loan being returned to accrual status at the time of the restructuring or after a performance period. If the borrower’s ability to meet the revised payment schedule is not reasonably assured, the loan remains on nonaccrual status.

Cash and Cash Equivalents

Cash equivalents include highly liquid investments with original or remaining maturities at the time of purchase of 90 days or less.

Reinsurance

The Company cedes insurance risk to other insurers under reinsurance agreements. The Company evaluates the financial condition of its reinsurers prior to entering into new reinsurance contracts and on a periodic basis during the contract term.

Reinsurance premiums paid and benefits received are accounted for consistently with the basis used in accounting for the policies from which risk is reinsured and consistently with the terms of the reinsurance contracts. Reinsurance premiums for traditional life, LTC and DI, net of the change in any prepaid reinsurance asset, are reported as a reduction of premiums. UL and VUL reinsurance premiums are reported as a reduction of policy and contract charges. In addition, for UL and VUL insurance policies, the net cost of reinsurance ceded, which represents the discounted amount of the expected cash flows between the reinsurer and the Company, is classified as an asset or contra asset and amortized over the estimated life of the policies in proportion to the estimated gross profits (“EGPs”) and is subject to retrospective adjustment in a manner similar to retrospective adjustment of DAC. The assumptions used to project the expected cash flows are consistent with those used for DAC valuation for the same contracts. Changes in the net cost of reinsurance are reflected as a component of policy and contract charges. Reinsurance recoveries are reported as components of benefits, claims, losses and settlement expenses.

Insurance liabilities are reported before the effects of reinsurance. Policyholder account balances, future policy benefits and claims recoverable under reinsurance contracts are recorded as reinsurance recoverables.

The Company also assumes life insurance and fixed annuity risk from other insurers in limited circumstances. Reinsurance premiums received and benefits paid are accounted for consistently with the basis used in accounting for the policies from which risk is reinsured and consistently with the terms of the reinsurance contracts. Liabilities for assumed business are recorded within policyholder account balances, future policy benefits and claims.

See Note 8 for additional information on reinsurance.

Land, Buildings, Equipment and Software

Land, buildings, equipment and internally developed or purchased software are carried at cost less accumulated depreciation or amortization and are reflected within other assets. The Company uses the straight-line method of depreciation and amortization over periods ranging from three to 30 years.

As of December 31, 2017 and 2016, land, buildings, equipment and software were $142 million and $148 million, respectively, net of accumulated depreciation of $159 million and $144 million, respectively. Depreciation and amortization expense for the years ended December 31, 2017, 2016 and 2015 was $15 million, $14 million and $15 million, respectively.

F-10

RiverSource Life Insurance Company

Derivative Instruments and Hedging Activities

Freestanding derivative instruments are recorded at fair value and are reflected in other assets or other liabilities. The Company’s policy is to not offset fair value amounts recognized for derivatives and collateral arrangements executed with the same counterparty under the same master netting arrangement. The accounting for changes in the fair value of a derivative instrument depends on its intended use and the resulting hedge designation, if any. The Company primarily uses derivatives as economic hedges that are not designated as accounting hedges or do not qualify for hedge accounting treatment. The Company occasionally designates derivatives as (i) hedges of changes in the fair value of assets, liabilities, or firm commitments (“fair value hedges”) or (ii) hedges of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability (“cash flow hedges”).

Derivative instruments that are entered into for hedging purposes are designated as such at the time the Company enters into the contract. For all derivative instruments that are designated for hedging activities, the Company documents all of the hedging relationships between the hedge instruments and the hedged items at the inception of the relationships. Management also documents its risk management objectives and strategies for entering into the hedge transactions. The Company assesses, at inception and on a quarterly basis, whether derivatives designated as hedges are highly effective in offsetting the fair value or cash flows of hedged items. If it is determined that a derivative is no longer highly effective as a hedge, the Company will discontinue the application of hedge accounting.

For derivative instruments that do not qualify for hedge accounting or are not designated as accounting hedges, changes in fair value are recognized in current period earnings. Changes in fair value of derivatives are presented in the Consolidated Statements of Income based on the nature and use of the instrument. Changes in fair value of derivatives used as economic hedges are presented in the Consolidated Statements of Income with the corresponding change in the hedged asset or liability.

For derivative instruments that qualify as fair value hedges, changes in the fair value of the derivatives, as well as changes in the fair value of the hedged assets, liabilities or firm commitments, are recognized on a net basis in current period earnings. The carrying value of the hedged item is adjusted for the change in fair value from the designated hedged risk. If a fair value hedge designation is removed or the hedge is terminated prior to maturity, previous adjustments to the carrying value of the hedged item are recognized into earnings over the remaining life of the hedged item.

The equity component of indexed annuities and IUL obligations are considered embedded derivatives. Additionally, certain annuities contain GMAB and GMWB provisions. The GMAB and the non-life contingent benefits associated with GMWB provisions are also considered embedded derivatives.

See Note 13 for information regarding the Company’s fair value measurement of derivative instruments and Note 17 for the impact of derivatives on the Consolidated Statements of Income.

Deferred Acquisition Costs

The Company incurs costs in connection with acquiring new and renewal insurance and annuity businesses. The portion of these costs which are incremental and direct to the acquisition of a new or renewal insurance policy or annuity contract are deferred. Significant costs capitalized include sales based compensation related to the acquisition of new and renewal insurance policies and annuity contracts, medical inspection costs for successful sales, and a portion of employee compensation and benefit costs based upon the amount of time spent on successful sales. Sales based compensation paid to AFSI advisors and employees and third-party distributors is capitalized. Employee compensation and benefits costs which are capitalized relate primarily to sales efforts, underwriting and processing. All other costs which are not incremental direct costs of acquiring an insurance policy or annuity contract are expensed as incurred. The DAC associated with insurance policies or annuity contracts that are significantly modified or internally replaced with another contract are accounted for as contract terminations. These transactions are anticipated in establishing amortization periods and other valuation assumptions.

The Company monitors other DAC amortization assumptions, such as persistency, mortality, morbidity, interest margin, variable annuity benefit utilization and maintenance expense levels each quarter and, when assessed independently, each could impact the Company’s DAC balances.

The analysis of DAC balances and the corresponding amortization is a dynamic process that considers all relevant factors and assumptions described previously. Unless the Company’s management identifies a significant deviation over the course of the quarterly monitoring, management reviews and updates these DAC amortization assumptions annually in the third quarter of each year.

Non-Traditional Long-Duration Products

For non-traditional long-duration products (including variable and fixed deferred annuity contracts, UL and VUL insurance products), DAC are amortized based on projections of EGPs over amortization periods equal to the approximate life of the business.

EGPs vary based on persistency rates (assumptions at which contractholders and policyholders are expected to surrender, make withdrawals from and make deposits to their contracts), mortality levels, client asset value growth rates (based on equity and

F-11

RiverSource Life Insurance Company

bond market performance), variable annuity benefit utilization and interest margins (the spread between earned rates on invested assets and rates credited to contractholder and policyholder accounts) and are management’s best estimates. Management regularly monitors financial market conditions and actual contractholder and policyholder behavior experience and compares them to its assumptions. These assumptions are updated whenever it appears that earlier estimates should be revised. When assumptions are changed, the percentage of EGPs used to amortize DAC might also change. A change in the required amortization percentage is applied retrospectively; an increase in amortization percentage will result in a decrease in the DAC balance and an increase in DAC amortization expense, while a decrease in amortization percentage will result in an increase in the DAC balance and a decrease in DAC amortization expense. The impact on results of operations of changing assumptions can be either positive or negative in any particular period and is reflected in the period in which such changes are made. At each balance sheet date, the DAC balance is adjusted for the effect that would result from the realization of unrealized gains or losses impacting EGPs, with the related change recognized through AOCI.

The client asset value growth rates are the rates at which variable annuity and VUL insurance contract values invested in separate accounts are assumed to appreciate in the future. The rates used vary by equity and fixed income investments. Management reviews and, where appropriate, adjusts its assumptions with respect to client asset value growth rates on a regular basis. The Company typically uses a five-year mean reversion process as a guideline in setting near-term equity fund growth rates based on a long-term view of financial market performance as well as recent actual performance. The suggested near-term equity fund growth rate is reviewed quarterly to ensure consistency with management’s assessment of anticipated equity market performance. DAC amortization expense recorded in a period when client asset value growth rates exceed management’s near-term estimate will typically be less than in a period when growth rates fall short of management’s near-term estimate.

Traditional Long-Duration Products

For traditional long-duration products (including traditional life and DI insurance products), DAC are generally amortized as a percentage of premiums over amortization periods equal to the premium paying period. The assumptions made in calculating the DAC balance and DAC amortization expense are consistent with those used in determining the liabilities.

For traditional life and DI insurance products, the assumptions provide for adverse deviations in experience and are revised only if management concludes experience will be so adverse that DAC are not recoverable. If management concludes that DAC are not recoverable, DAC are reduced to the amount that is recoverable based on best estimate assumptions and there is a corresponding expense recorded in the Consolidated Statements of Income.

Deferred Sales Inducement Costs

Sales inducement costs consist of bonus interest credits and premium credits added to certain annuity contract and insurance policy values. These benefits are capitalized to the extent they are incremental to amounts that would be credited on similar contracts without the applicable feature. The amounts capitalized are amortized using the same methodology and assumptions used to amortize DAC. DSIC is recorded in other assets, and amortization of DSIC is recorded in benefits, claims, losses and settlement expenses.

Separate Account Assets and Liabilities

Separate account assets and liabilities are primarily funds held for the benefit of variable annuity contractholders and variable life insurance policyholders, who have a contractual right to receive the benefits of their contract or policy and bear the related investment risk. Gains and losses on separate account assets accrue directly to the contractholder or policyholder and are not reported in the Company’s Consolidated Statements of Income. Separate account assets are recorded at fair value. Changes in the fair value of separate account assets are offset by changes in the related separate account liabilities.

Policyholder Account Balances, Future Policy Benefits and Claims

The Company establishes reserves to cover the risks associated with non-traditional and traditional long-duration products. Reserves for non-traditional long-duration products include the liabilities related to guaranteed benefit provisions added to variable annuity contracts, variable and fixed annuity contracts and UL and VUL policies and the embedded derivatives related to variable annuity contracts, indexed annuities and IUL insurance. Reserves for traditional long-duration products are established to provide adequately for future benefits and expenses for term life, whole life, DI and LTC insurance products.

Changes in future policy benefits and claims are reflected in earnings in the period adjustments are made. Where applicable, benefit amounts expected to be recoverable from reinsurance companies who share in the risk are separately recorded as reinsurance recoverable within receivables.

Non-Traditional Long-Duration Products

The liabilities for non-traditional long-duration products include fixed account values on variable and fixed annuities and UL and VUL policies, liabilities for guaranteed benefits associated with variable annuities and embedded derivatives for variable annuities, indexed annuities and IUL products.

Liabilities for fixed account values on variable and fixed deferred annuities and UL and VUL policies are equal to accumulation values, which are the cumulative gross deposits and credited interest less withdrawals and various charges.

F-12

RiverSource Life Insurance Company

A portion of the Company’s UL and VUL policies have product features that result in profits followed by losses from the insurance component of the contract. These profits followed by losses can be generated by the cost structure of the product or secondary guarantees in the contract. The secondary guarantee ensures that, subject to specified conditions, the policy will not terminate and will continue to provide a death benefit even if there is insufficient policy value to cover the monthly deductions and charges. The liability for these future losses is determined by estimating the death benefits in excess of account value and recognizing the excess over the estimated life based on expected assessments (e.g. cost of insurance charges, contractual administrative charges, similar fees and investment margin). See Note 10 for information regarding the liability for contracts with secondary guarantees.

Liabilities for indexed annuity products and indexed accounts of IUL products are equal to the accumulation of host contract values covering guaranteed benefits and the fair value of embedded equity options.

The GMDB and gain gross-up (“GGU”) liability is determined by estimating the expected value of death benefits in excess of the projected contract accumulation value and recognizing the excess over the estimated life based on expected assessments (e.g., mortality and expense fees, contractual administrative charges and similar fees).

If elected by the contract owner and after a stipulated waiting period from contract issuance, a guaranteed minimum income benefit (“GMIB”) guarantees a minimum lifetime annuity based on a specified rate of contract accumulation value growth and predetermined annuity purchase rates. The GMIB liability is determined each period by estimating the expected value of annuitization benefits in excess of the projected contract accumulation value at the date of annuitization and recognizing the excess over the estimated life based on expected assessments.

The liability for the life contingent benefits associated with GMWB provisions is determined by estimating the expected value of benefits that are contingent upon survival after the account value is equal to zero and recognizing the benefits over the estimated life based on expected assessments (e.g., mortality and expense fees, contractual administrative charges and similar fees).

In determining the liabilities for GMDB, GGU, GMIB and the life contingent benefits associated with GMWB, the Company projects these benefits and contract assessments using actuarial models to simulate various equity market scenarios. Significant assumptions made in projecting future benefits and assessments relate to customer asset value growth rates, mortality, persistency, benefit utilization and investment margins and are consistent with those used for DAC valuation for the same contracts. As with DAC, management reviews and, where appropriate, adjusts its assumptions each quarter. Unless management identifies a material deviation over the course of quarterly monitoring, management reviews and updates these assumptions annually in the third quarter of each year.

See Note 10 for information regarding variable annuity guarantees.

The fair value of embedded derivatives related to GMAB and the non-life contingent benefits associated with GMWB provisions, indexed annuities and IUL fluctuate based on equity, interest rate and credit markets and the estimate of the Company’s nonperformance risk, which can cause these embedded derivatives to be either an asset or a liability. See Note 13 for information regarding the fair value measurement of embedded derivatives.

Liabilities for fixed annuities in a benefit or payout status are based on future estimated payments using established industry mortality tables and interest rates.

Traditional Long-Duration Products

The liabilities for traditional long-duration products include liabilities for unpaid amounts on reported claims, estimates of benefits payable on claims incurred but not yet reported and estimates of benefits that will become payable on term life, whole life, DI and LTC policies as claims are incurred in the future.

Liabilities for unpaid amounts on reported life insurance claims are equal to the death benefits payable under the policies.

Liabilities for unpaid amounts on reported DI and LTC claims include any periodic or other benefit amounts due and accrued, along with estimates of the present value of obligations for continuing benefit payments. These unpaid amounts are calculated using anticipated claim continuance rates based on established industry tables, adjusted as appropriate for the Company’s experience. The discount rates used to calculate present values are based on average interest rates earned on assets supporting the liability for unpaid amounts.

Liabilities for estimated benefits payable on claims that have been incurred but not yet reported are based on periodic analysis of the actual time lag between when a claim occurs and when it is reported.

Liabilities for estimates of benefits that will become payable on future claims on term life, whole life and DI insurance policies are based on the net level premium and LTC policies are based on a gross premium valuation reflecting management’s current best estimate assumptions. Both include anticipated premium payments, mortality and morbidity rates, policy persistency and interest rates earned on assets supporting the liability. Anticipated mortality and morbidity rates are based on established industry mortality and morbidity tables, with modifications based on the Company’s experience. Anticipated premium payments and persistency rates vary by policy form, issue age, policy duration and certain other pricing factors.

F-13

RiverSource Life Insurance Company

For term life, whole life, DI and LTC policies, the Company utilizes best estimate assumptions as of the date the policy is issued with provisions for the risk of adverse deviation, as appropriate. After the liabilities are initially established, management performs premium deficiency tests using best estimate assumptions without provisions for adverse deviation annually in the third quarter of each year unless management identifies a material deviation over the course of quarterly monitoring. If the liabilities determined based on these best estimate assumptions are greater than the net reserves (i.e., GAAP reserves net of any DAC balance), the existing net reserves are adjusted by first reducing the DAC balance by the amount of the deficiency or to zero through a charge to current period earnings. If the deficiency is more than the DAC balance, then the net reserves are increased by the excess through a charge to current period earnings. If a premium deficiency is recognized, the assumptions as of the date of the loss recognition are locked in and used in subsequent periods. The assumptions for LTC insurance products are management’s best estimate as of the date of loss recognition and thus no longer provide for adverse deviations in experience.

See Note 9 for information regarding the liabilities for traditional long-duration products.

Unearned Revenue Liability

The Company’s UL and VUL policies require payment of fees or other policyholder assessments in advance for services to be provided in future periods. These charges are deferred as unearned revenue and amortized using EGPs, similar to DAC. The unearned revenue liability is recorded in other liabilities and the amortization is recorded in policy and contract charges.

Income Taxes

The Company qualifies as a life insurance company for federal income tax purposes. As such, the Company is subject to the Internal Revenue Code provisions applicable to life insurance companies.

The Company’s taxable income is included in the consolidated federal income tax return of Ameriprise Financial. The Company provides for income taxes on a separate return basis, except that, under an agreement between Ameriprise Financial and the Company, tax benefits are recognized for losses to the extent they can be used in the consolidated return. It is the policy of Ameriprise Financial that it will reimburse its subsidiaries for any tax benefits recorded.

The Company’s provision for income taxes represents the net amount of income taxes that the Company expects to pay or to receive from various taxing jurisdictions in connection with its operations. The Company provides for income taxes based on amounts that the Company believes it will ultimately owe taking into account the recognition and measurement for uncertain tax positions. Inherent in the provision for income taxes are estimates and judgments regarding the tax treatment of certain items.

In connection with the provision for income taxes, the Consolidated Financial Statements reflect certain amounts related to deferred tax assets and liabilities, which result from temporary differences between the assets and liabilities measured for financial statement purposes versus the assets and liabilities measured for tax return purposes.

The Company is required to establish a valuation allowance for any portion of its deferred tax assets that management believes will not be realized. Significant judgment is required in determining if a valuation allowance should be established and the amount of such allowance if required. Factors used in making this determination include estimates relating to the performance of the business. Consideration is given to, among other things in making this determination: (i) future taxable income exclusive of reversing temporary differences and carryforwards; (ii) future reversals of existing taxable temporary differences; (iii) taxable income in prior carryback years; and (iv) tax planning strategies. Management may need to identify and implement appropriate planning strategies to ensure its ability to realize deferred tax assets and reduce the likelihood of the establishment of a valuation allowance with respect to such assets. See Note 19 for additional information on the Company’s valuation allowance.

Changes in tax rates and tax law are accounted for in the period of enactment. Deferred tax assets and liabilities are adjusted for the effect of a change in tax laws or rates and the effect is included in net income. See Note 19 for further discussion on the enactment of the legislation commonly referred to as the Tax Cuts and Jobs Act (“Tax Act”) and the impact to the Company’s provision for income taxes for the year ended December 31, 2017.

Revenue Recognition

Premiums on traditional life, DI and LTC insurance products and immediate annuities with a life contingent feature are net of reinsurance ceded and are recognized as revenue when due.

Interest income is accrued as earned using the effective interest method, which makes an adjustment of the yield for security premiums and discounts on all performing fixed maturity securities classified as Available-for-Sale so that the related security or loan recognizes a constant rate of return on the outstanding balance throughout its term. When actual prepayments differ significantly from originally anticipated prepayments, the retrospective effective yield is recalculated to reflect actual payments to date and updated future payment assumptions and a catch-up adjustment is recorded in the current period. In addition, the new effective yield, which reflects anticipated future payments, is used prospectively.

Mortality and expense risk fees are based on a percentage of the fair value of assets held in the Company’s separate accounts and recognized when assessed. Variable annuity guaranteed benefit rider charges, cost of insurance charges on UL and VUL

F-14

RiverSource Life Insurance Company

insurance and contract charges (net of reinsurance premiums and cost of reinsurance for UL insurance products) and surrender charges on annuities and UL and VUL insurance are recognized as revenue when assessed.

Realized gains and losses on the sale of securities, other than equity method investments, are recognized using the specific identification method, on a trade date basis.

Fees received under marketing support and distribution services arrangements are recognized as revenue when earned.

3. RECENT ACCOUNTING PRONOUNCEMENTS

Adoption of New Accounting Standards

Statement of Cash Flows — Classification of Certain Cash Receipts and Cash Payments

In August 2016, the Financial Accounting Standards Board (“FASB”) updated the accounting standards related to classification of certain cash receipts and cash payments on the statement of cash flows. The update includes amendments to address diversity in practice for the classification of eight specific cash flow activities. The specific amendments the Company evaluated include the classification of debt prepayment and extinguishment costs, contingent consideration payments, proceeds from insurance settlements and corporate owned life insurance settlements, distributions from equity method investees and the application of the predominance principle to separately identifiable cash flows. The standard is effective for interim and annual periods beginning after December 15, 2017. Early adoption is permitted and all amendments must be adopted during the same period. The Company early adopted the standard for the interim period ended March 31, 2017 on a retrospective basis. The adoption of the standard did not have a material impact on the Company’s operating, investing or financing cash flows.

Future Adoption of New Accounting Standards

Income Statement — Reporting Comprehensive Income

In February 2018, the FASB updated the accounting standards related to the presentation of tax effects stranded in OCI. The update allows a reclassification from AOCI to retained earnings for tax effects stranded in AOCI resulting from the Tax Act. The update is optional and entities may elect not to reclassify the stranded tax effects. The update is effective for fiscal years beginning after December 15, 2018. Entities may elect to record the impacts either in the period of adoption or retrospectively to each period (or periods) in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Act is recognized. Early adoption is permitted in any period. The Company is currently evaluating the impact of the update on its consolidated financial condition.

Derivatives and Hedging — Targeted Improvements to Accounting for Hedging Activities

In August 2017, the FASB updated the accounting standards to amend the hedge accounting recognition and presentation requirements. The objectives of the update are to better align the financial reporting of hedging relationships to the economic results of an entity’s risk management activities and simplify the application of the hedge accounting guidance. The update also adds new disclosures and amends existing disclosure requirements. The standard is effective for interim and annual periods beginning after December 15, 2018, and should be applied on a modified retrospective basis. Early adoption is permitted. The Company is currently evaluating the impact of the standard on its consolidated financial condition and results of operations.

Receivables — Premium Amortization on Purchased Callable Debt Securities

In March 2017, the FASB updated the accounting standards to shorten the amortization period for certain purchased callable debt securities held at a premium. Under current guidance, premiums are generally amortized over the contractual life of the security. The amendments require the premium to be amortized to the earliest call date. The update applies to securities with explicit, non-contingent call features that are callable at fixed prices and on preset dates. The standard is effective for interim and annual periods beginning after December 15, 2018, and should be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. Early adoption is permitted. The update is not expected to have a material impact on the Company’s consolidated financial condition or results of operations.

Income Taxes — Intra-Entity Transfers of Assets Other Than Inventory

In October 2016, the FASB updated the accounting standards related to the recognition of income tax impacts on intra-entity transfers. The update requires entities to recognize the income tax consequences of intra-entity transfers, other than inventory, upon the transfer of the asset. The update requires the selling entity to recognize a current tax expense or benefit and the purchasing entity to recognize a deferred tax asset or liability when the transfer occurs. The standard is effective for interim and annual periods beginning after December 15, 2017. The Company is currently evaluating the impact of the standard on its consolidated financial condition and results of operations.

Financial Instruments — Measurement of Credit Losses

In June 2016, the FASB updated the accounting standards related to accounting for credit losses on certain types of financial instruments. The update replaces the current incurred loss model for estimating credit losses with a new model that requires an entity to estimate the credit losses expected over the life of the asset. Generally, the initial estimate of the expected credit losses and subsequent changes in the estimate will be reported in current period earnings and recorded through an allowance for credit losses on the balance sheet. The current credit loss model for Available-for-Sale debt securities does not change; however, the

F-15

RiverSource Life Insurance Company

credit loss calculation and subsequent recoveries are required to be recorded through an allowance. The standard is effective for interim and annual periods beginning after December 15, 2019. Early adoption will be permitted for interim and annual periods beginning after December 15, 2018. A modified retrospective cumulative adjustment to retained earnings should be recorded as of the first reporting period in which the guidance is effective for loans, receivables, and other financial instruments subject to the new expected credit loss model. Prospective adoption is required for establishing an allowance related to Available-for-Sale debt securities, certain beneficial interests, and financial assets purchased with a more-than-insignificant amount of credit deterioration since origination. The Company is currently evaluating the impact of the standard on its consolidated financial condition and results of operations.

Leases — Recognition of Lease Assets and Liabilities on Balance Sheet

In February 2016, the FASB updated the accounting standards for leases. The update was issued to increase transparency and comparability for the accounting of lease transactions. The standard will require most lease transactions for lessees to be recorded on the balance sheet as lease assets and lease liabilities and both quantitative and qualitative disclosures about leasing arrangements. The standard is effective for interim and annual periods beginning after December 15, 2018 with early adoption permitted. The update should be applied at the beginning of the earliest period presented using a modified retrospective approach. The Company is currently evaluating the impact of the standard on its consolidated financial condition and results of operations.

Financial Instruments — Recognition and Measurement of Financial Assets and Financial Liabilities

In January 2016, the FASB updated the accounting standards on the recognition and measurement of financial instruments. The update requires entities to carry marketable equity securities, excluding investments in securities that qualify for the equity method of accounting, at fair value with changes in fair value reflected in net income each reporting period. The update affects other aspects of accounting for equity instruments, as well as the accounting for financial liabilities utilizing the fair value option. The update eliminates the requirement to disclose the methods and assumptions used to estimate the fair value of financial assets or liabilities held at cost on the balance sheet and requires entities to use the exit price notion when measuring the fair value of financial instruments. The standard is effective for interim and annual periods beginning after December 15, 2017. The Company adopted the standard on January 1, 2018 using a modified retrospective approach. The adoption of the standard did not have a material impact on the consolidated financial condition or results of operations.

Revenue from Contracts with Customers

In May 2014, the FASB updated the accounting standards for revenue from contracts with customers. The update provides a five step revenue recognition model for all revenue arising from contracts with customers and affects all entities that enter into contracts to provide goods or services to their customers (unless the contracts are in the scope of other standards). The standard also updates the accounting for certain costs associated with obtaining and fulfilling a customer contract and requires disclosure of quantitative and qualitative information that enables users of financial statements to understand the nature, amount, timing, and uncertainty of revenues and cash flows arising from contracts with customers. The standard is effective for interim and annual periods beginning after December 15, 2017 and early adoption is permitted for interim and annual periods beginning after December 15, 2016. The standard may be applied retrospectively for all periods presented or retrospectively with a cumulative-effect adjustment at the date of adoption. The Company adopted the revenue recognition guidance on a retrospective basis on January 1, 2018. The update does not apply to revenue associated with the manufacturing of insurance and annuity products or financial instruments as these revenues are in the scope of other standards. Therefore, the update did not have an impact on these revenues. The Company’s implementation efforts included the identification of revenue within the guidance and the review of the customer contracts to determine the Company’s performance obligation and the associated timing of each performance obligation. The adoption of the standard did not have a material impact on the Company’s consolidated financial condition and results of operations.

4. VARIABLE INTEREST ENTITIES

The Company is a limited partner in affordable housing partnerships that qualify for government-sponsored low income housing tax credit programs and partnerships that invest in multi-family residential properties that were originally developed with an affordable housing component. The Company has determined it is not the primary beneficiary and therefore does not consolidate these partnerships.

A majority of the limited partnerships are VIEs. The Company’s maximum exposure to loss as a result of its investment in the VIEs is limited to the carrying value. The carrying value is reflected in other investments and was $408 million and $482 million as of December 31, 2017 and 2016, respectively. The Company had a $97 million and $135 million liability recorded as of December 31, 2017 and 2016, respectively, related to original purchase commitments not yet remitted to the VIEs. The Company has not provided any additional support and is not contractually obligated to provide additional support to the VIEs beyond the above mentioned funding commitments.

The Company invests in structured investments which are considered VIEs for which it is not the sponsor. These structured investments typically invest in fixed income instruments and are managed by third parties and include asset backed securities, commercial mortgage backed securities and residential mortgage backed securities. The Company classifies these investments as

F-16

RiverSource Life Insurance Company

Available-for-Sale securities. The Company has determined that it is not the primary beneficiary of these structures due to the size of the Company’s investment in the entities and position in the capital structure of these entities. The Company’s maximum exposure to loss as a result of its investment in these structured investments is limited to its carrying value. The carrying value is included in Available-for-Sale fixed maturities on the Consolidated Balance Sheets. The Company has no obligation to provide financial or other support to the structured investments beyond its investment nor has the Company provided any support to the structured investments. See Note 5 for additional information on these structured investments.

5. INVESTMENTS

Available-for-Sale securities distributed by type were as follows:


Description of Securities (in millions)	December 31, 2017
Description of Securities (in millions)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value		Noncredit OTTI⁽¹⁾

Fixed maturities:
Corporate debt securities	$	12,133	$	1,125	$	(25	)	$	13,233	$	—
Residential mortgage backed securities		2,979		54		(22	)		3,011		—
Commercial mortgage backed securities		3,554		47		(32	)		3,569		—
State and municipal obligations		1,114		209		(9	)		1,314		—
Asset backed securities		700		30		(2	)		728		—
Foreign government bonds and obligations		283		20		(4	)		299		—
U.S. government and agency obligations		1		—		—			1		—
Total fixed maturities		20,764		1,485		(94	)		22,155		—
Common stocks		1		—		(1	)		—		—
Total	$	20,765	$	1,485	$	(95	)	$	22,155	$	—

	December 31, 2016
Description of Securities (in millions)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value		Noncredit OTTI⁽¹⁾

Fixed maturities:
Corporate debt securities	$	13,105	$	1,060	$	(53	)	$	14,112	$	—
Residential mortgage backed securities		3,386		72		(43	)		3,415		(4	)
Commercial mortgage backed securities		2,837		58		(38	)		2,857		—
State and municipal obligations		1,092		161		(24	)		1,229		—
Asset backed securities		790		26		(11	)		805		—
Foreign government bonds and obligations		251		17		(7	)		261		—
U.S. government and agency obligations		3		—		—			3		—
Total fixed maturities		21,464		1,394		(176	)		22,682		(4	)
Common stocks		4		6		—			10		3
Total	$	21,468	$	1,400	$	(176	)	$	22,692	$	(1	)

⁽¹⁾	Represents the amount of other-than-temporary impairment (“OTTI”) losses in AOCI. Amount includes unrealized gains and losses on impaired securities subsequent to the initial impairment measurement date. These amounts are included in gross unrealized gains and losses as of the end of the period.

As of December 31, 2017 and 2016, investment securities with a fair value of 1.6 billion and $1.5 billion, respectively, were pledged to meet contractual obligations under derivative contracts and short-term borrowings, of which $711 million and $428 million, respectively, may be sold, pledged or rehypothecated by the counterparty.

As of December 31, 2017 and 2016, fixed maturity securities comprised approximately 84% and 83%, respectively, of the Company’s total investments. Rating agency designations are based on the availability of ratings from Nationally Recognized Statistical Rating Organizations (“NRSROs”), including Moody’s Investors Service (“Moody’s”), Standard & Poor’s Ratings Services (“S&P”) and Fitch Ratings Ltd. (“Fitch”). The Company uses the median of available ratings from Moody’s, S&P and Fitch, or if fewer than three ratings are available, the lower rating is used. When ratings from Moody’s, S&P and Fitch are unavailable, the Company may utilize ratings from other NRSROs or rate the securities internally. As of December 31, 2017 and 2016, approximately $906 million and $944 million, respectively, of securities were internally rated by Columbia Management Investment Advisers, LLC (“CMIA”), an affiliate of the Company, using criteria similar to those used by NRSROs.

F-17

RiverSource Life Insurance Company

A summary of fixed maturity securities by rating was as follows:


	December 31, 2017							December 31, 2016
Ratings (in millions, except percentages)	Amortized Cost		Fair Value		Percent of Total Fair Value			Amortized Cost		Fair Value		Percent of Total Fair Value
AAA	$	6,259	$	6,303		28	%	$	5,671	$	5,728		25	%
AA		1,090		1,285		6			1,013		1,177		5
A		3,443		3,902		18			3,767		4,167		19
BBB		8,796		9,465		43			9,584		10,190		45
Below investment grade		1,176		1,200		5			1,429		1,420		6
Total fixed maturities	$	20,764	$	22,155		100	%	$	21,464	$	22,682		100	%

As of December 31, 2017 and 2016, approximately 35% and 40%, respectively, of the securities rated AAA were GNMA, FNMA and FHLMC mortgage backed securities. No holdings of any other issuer were greater than 10% of total equity.

The following tables provide information about Available-for-Sale securities with gross unrealized losses and the length of time that individual securities have been in a continuous unrealized loss position:


	December 31, 2017
(in millions, except number of securities)	Less than 12 months									12 months or more							Total
Description of Securities	Number of Securities		Fair Value		Unrealized Losses			Number of Securities		Fair Value		Unrealized Losses			Number of Securities		Fair Value		Unrealized Losses
Corporate debt securities		82	$	834	$	(5	)		39	$	360	$	(20	)		121	$	1,194	$	(25	)
Residential mortgage backed securities		36		546		(4	)		41		657		(18	)		77		1,203		(22	)
Commercial mortgage backed securities		56		994		(10	)		42		663		(22	)		98		1,657		(32	)
State and municipal obligations		19		35		—			8		138		(9	)		27		173		(9	)
Asset backed securities		15		116		—			12		76		(2	)		27		192		(2	)
Foreign government bonds and obligations		3		6		—			15		23		(4	)		18		29		(4	)
Common stocks		—		—		—			3		1		(1	)		3		1		(1	)
Total		211	$	2,531	$	(19	)		160	$	1,918	$	(76	)		371	$	4,449	$	(95	)

	December 31, 2016
(in millions, except number of securities)	Less than 12 months									12 months or more							Total
Description of Securities	Number of Securities		Fair Value		Unrealized Losses			Number of Securities		Fair Value		Unrealized Losses			Number of Securities		Fair Value		Unrealized Losses
Corporate debt securities		114	$	1,502	$	(26	)		33	$	319	$	(27	)		147	$	1,821	$	(53	)
Residential mortgage backed securities		56		1,282		(25	)		56		324		(18	)		112		1,606		(43	)
Commercial mortgage backed securities		80		1,378		(37	)		1		11		(1	)		81		1,389		(38	)
State and municipal obligations		18		66		(3	)		2		105		(21	)		20		171		(24	)
Asset backed securities		23		231		(6	)		12		114		(5	)		35		345		(11	)
Foreign government bonds and obligations		7		30		(1	)		15		23		(6	)		22		53		(7	)
Total		298	$	4,489	$	(98	)		119	$	896	$	(78	)		417	$	5,385	$	(176	)

As part of the Company’s ongoing monitoring process, management determined that the change in gross unrealized losses on its Available-for-Sale securities is primarily attributable to tighter credit spreads.

The following table presents a rollforward of the cumulative amounts recognized in the Consolidated Statements of Income for other-than-temporary impairments related to credit losses on Available-for-Sale securities for which a portion of the securities’ total other-than-temporary impairments was recognized in OCI:


	December 31,
(in millions)	2017			2016			2015
Beginning balance	$	21		$	33		$	33
Reductions for securities sold during the period (realized)		(21	)		(12	)		—
Ending balance	$	—		$	21		$	33

F-18

RiverSource Life Insurance Company

Net realized gains and losses on Available-for-Sale securities, determined using the specific identification method, recognized in net realized investment gains (losses) were as follows:


	Years Ended December 31,
(in millions)	2017			2016			2015
Gross realized investment gains	$	48		$	29		$	30
Gross realized investment losses		(4	)		(12	)		(17	)
Other-than-temporary impairments		—			—			(7	)
Total	$	44		$	17		$	6

Other-than-temporary impairments for the year ended December 31, 2015 primarily related to credit losses on corporate debt securities and non-agency residential mortgage backed securities.

See Note 18 for a rollforward of net unrealized investment gains (losses) included in AOCI.

Available-for-Sale securities by contractual maturity as of December 31, 2017 were as follows:


(in millions)	Amortized Cost		Fair Value
Due within one year	$	1,288	$	1,305
Due after one year through five years		5,481		5,685
Due after five years through 10 years		3,039		3,154
Due after 10 years		3,723		4,703
		13,531		14,847
Residential mortgage backed securities		2,979		3,011
Commercial mortgage backed securities		3,554		3,569
Asset backed securities		700		728
Common stocks		1		—
Total	$	20,765	$	22,155

Actual maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Residential mortgage backed securities, commercial mortgage backed securities and asset backed securities are not due at a single maturity date. As such, these securities, as well as common stocks, were not included in the maturities distribution.

The following is a summary of net investment income:


	Years Ended December 31,
(in millions)	2017			2016		2015
Fixed maturities	$	947		$	997	$	1,034
Mortgage loans		137			149		177
Other investments		(48	)		8		33
		1,036			1,154		1,244
Less: investment expenses		25			26		26
Total	$	1,011		$	1,128	$	1,218

Net realized investment gains (losses) are summarized as follows:


	Years Ended December 31,
(in millions)	2017			2016			2015
Fixed maturities	$	44		$	17		$	6
Mortgage loans		(4	)		10			—
Other investments		—			(1	)		(2	)
Total	$	40		$	26		$	4

6. FINANCING RECEIVABLES

The Company’s financing receivables include commercial and residential mortgage loans, syndicated loans and policy loans. Syndicated loans are reflected in other investments.

Allowance for Loan Losses

Policy loans do not exceed the cash surrender value of the policy at origination. As there is minimal risk of loss related to policy loans, the Company does not record an allowance for loan losses for policy loans.

F-19

RiverSource Life Insurance Company

The following table presents a rollforward of the allowance for loan losses for the years ended and the ending balance of the allowance for loan losses by impairment method:


	December 31,
(in millions)	2017			2016			2015
Beginning balance	$	25		$	25		$	28
Charge-offs		(3	)		(3	)		(4	)
Provisions		—			3			1
Ending balance	$	22		$	25		$	25

Individually evaluated for impairment	$	—		$	2		$	4
Collectively evaluated for impairment		22			23			21

The recorded investment in financing receivables by impairment method was as follows:


	December 31,
(in millions)	2017		2016
Individually evaluated for impairment	$	17	$	10
Collectively evaluated for impairment		3,015		3,275
Total	$	3,032	$	3,285

As of December 31, 2017 and 2016, the Company’s recorded investment in financing receivables individually evaluated for impairment for which there was no related allowance for loan losses was $17 million and $5 million, respectively.

During the years ended December 31, 2017, 2016 and 2015, the Company purchased $156 million, $73 million and $106 million, respectively, and sold $259 million, $250 million and $15 million, respectively. The loans purchased consisted of syndicated loans. The loans sold during 2017 and 2016 primarily consisted of residential mortgage loans. See below for additional discussion on the sales of these loans. The loans sold during 2015 primarily consisted of syndicated loans.

Credit Quality Information

Nonperforming loans, which are generally loans 90 days or more past due, were $5 million and $2 million as of December 31, 2017 and 2016, respectively. All other loans were considered to be performing.

Commercial Mortgage Loans

The Company reviews the credit worthiness of the borrower and the performance of the underlying properties in order to determine the risk of loss on commercial mortgage loans. Based on this review, the commercial mortgage loans are assigned an internal risk rating, which management updates as necessary. Commercial mortgage loans which management has assigned its highest risk rating were nil of total commercial mortgage loans as of both December 31, 2017 and 2016. Loans with the highest risk rating represent distressed loans which the Company has identified as impaired or expects to become delinquent or enter into foreclosure within the next six months. In addition, the Company reviews the concentrations of credit risk by region and property type.

Concentrations of credit risk of commercial mortgage loans by U.S. region were as follows:


	Loans				Percentage
	December 31, 2017		December 31, 2016		December 31, 2017			December 31, 2016
	(in millions)
South Atlantic	$	735	$	753		28	%		29	%
Pacific		771		722		29			28
Mountain		242		234		9			9
West North Central		223		212		8			8
East North Central		209		195		8			8
Middle Atlantic		179		191		7			7
West South Central		125		122		5			5
New England		67		84		3			3
East South Central		84		80		3			3

		2,635		2,593		100	%		100	%

Less: allowance for loan losses		16		19

Total	$	2,619	$	2,574

F-20

RiverSource Life Insurance Company

Concentrations of credit risk of commercial mortgage loans by property type were as follows:


	Loans				Percentage
	December 31, 2017		December 31, 2016		December 31, 2017			December 31, 2016
	(in millions)
Retail	$	893	$	916		34	%		35	%
Office		470		473		18			18
Apartments		536		483		20			19
Industrial		451		430		17			17
Mixed use		38		42		1			2
Hotel		39		41		2			1
Other		208		208		8			8

		2,635		2,593		100	%		100	%

Less: allowance for loan losses		16		19

Total	$	2,619	$	2,574

Residential Mortgage Loans

The recorded investment in residential mortgage loans as of December 31, 2017 and 2016 was nil and $300 million, respectively. During the years ended December 31, 2017 and 2016, the Company sold $249 million and $250 million, respectively, of residential mortgage loans and recorded a loss of $4 million and a gain of $10 million, respectively.

As of December 31, 2016, approximately 2% of residential mortgage loans had FICO scores below 640. As of December 31, 2016, none of the Company’s residential mortgage loans had LTV ratios greater than 90%. The Company’s most significant geographic concentration for residential mortgage loans was in California which represented 52% of the portfolio as of December 31, 2016. Colorado and Washington represented 18% and 13%, respectively, of the portfolio as of December 31, 2016. No other state represented more than 10% of the total residential mortgage loan portfolio.

Syndicated Loans

The recorded investment in syndicated loans as of December 31, 2017 and 2016 was $397 million and $392 million, respectively. The Company’s syndicated loan portfolio is diversified across industries and issuers. The primary credit indicator for syndicated loans is whether the loans are performing in accordance with the contractual terms of the syndication. Total nonperforming syndicated loans as of December 31, 2017 and 2016 were $5 million and $1 million, respectively.

Troubled Debt Restructurings

The recorded investment in restructured loans was not material as of December 31, 2017 and 2016. Troubled debt restructurings did not have a material impact to the Company’s allowance for loan losses or income recognized for the years ended December 31, 2017, 2016 and 2015. There are no commitments to lend additional funds to borrowers whose loans have been restructured.

7. DEFERRED ACQUISITION COSTS AND DEFERRED SALES INDUCEMENT COSTS

In the third quarter of the year, management updated market-related inputs and implemented model changes related to the Company’s living benefit valuation. In addition, management conducted its annual review of life insurance and annuity valuation assumptions relative to current experience and management expectations including modeling changes. These aforementioned changes are collectively referred to as unlocking. The impact of unlocking to DAC for the year ended December 31, 2017 primarily reflected improved persistency and mortality on life insurance contracts and a correction related to a variable annuity model assumption partially offset by updates to market-related inputs to the living benefit valuation. The impact of unlocking to DAC for the year ended December 31, 2016 primarily reflected low interest rates that more than offset benefits from persistency on annuity contracts without living benefits. In addition, the Company’s review of its closed LTC business in the prior year resulted in the write-off of DAC, which was included in the impact of unlocking. The impact of unlocking to DAC for the year ended December 31, 2015 primarily reflected the difference between the Company’s previously assumed interest rates versus the low interest rate environment partially offset by improved persistency.

The balances of and changes in DAC were as follows:


(in millions)	2017			2016			2015
Balance at January 1	$	2,611		$	2,693		$	2,581
Capitalization of acquisition costs		242			279	⁽¹⁾		275
Amortization, excluding the impact of valuation assumptions review		(219	)		(253	)		(267	)
Amortization, impact of valuation assumptions review		12			(81	)⁽²⁾		(6	)
Impact of change in net unrealized securities (gains) losses		(7	)		(27	)		110
Balance at December 31	$	2,639		$	2,611		$	2,693

F-21

RiverSource Life Insurance Company

⁽¹⁾	Includes a $27 million benefit related to the write-off of the deferred reinsurance liability in connection with the loss recognition on LTC business. The benefit was reported in other insurance and operating expenses on the Consolidated Statements of Income.

⁽²⁾	Includes a $58 million expense related to the loss recognition on LTC business.

The balances of and changes in DSIC, which is included in other assets, were as follows:


(in millions)	2017			2016			2015
Balance at January 1	$	301		$	334		$	361
Capitalization of sales inducement costs		4			5			4
Amortization, excluding the impact of valuation assumptions review		(37	)		(42	)		(52	)
Amortization, impact of valuation assumptions review		(1	)		4			1
Impact of change in net unrealized securities (gains) losses		6			—			20
Balance at December 31	$	273		$	301		$	334

8. REINSURANCE

The Company reinsures a portion of the insurance risks associated with its traditional life, DI and LTC insurance products through reinsurance agreements with unaffiliated reinsurance companies. Reinsurance contracts do not relieve the Company from its primary obligation to policyholders.

The Company generally reinsures 90% of the death benefit liability for new term life insurance policies beginning in 2001 (RiverSource Life of NY began in 2002) and new individual UL and VUL insurance policies beginning in 2002 (2003 for RiverSource Life of NY). Policies issued prior to these dates are not subject to these same reinsurance levels.

However, for IUL policies issued after September 1, 2013 and VUL policies issued after January 1, 2014, the Company generally reinsures 50% of the death benefit liability. Similarly, the Company reinsures 50% of the death benefit and morbidity liabilities related to its universal life product with LTC benefits.

The maximum amount of life insurance risk the Company will retain is $10 million on a single life and $10 million on any flexible premium survivorship life policy; however, reinsurance agreements are in place such that retaining more than $1.5 million of insurance risk on a single life or a flexible premium survivorship life policy is very unusual. Risk on UL and VUL policies is reinsured on a yearly renewable term basis. Risk on most term life policies starting in 2001 (2002 for RiverSource Life of NY) is reinsured on a coinsurance basis, a type of reinsurance in which the reinsurer participates proportionally in all material risks and premiums associated with a policy.

The Company also has life insurance and fixed annuity risk previously assumed under reinsurance arrangements with unaffiliated insurance companies.

For existing LTC policies, the Company has continued ceding 50% of the risk on a coinsurance basis to subsidiaries of Genworth Financial, Inc. (“Genworth”) and retains the remaining risk. For RiverSource Life of NY, this reinsurance arrangement applies for 1996 and later issues only. Under these agreements, the Company has the right, but never the obligation, to recapture some, or all, of the risk ceded to Genworth.

Generally, the Company retains at most $5,000 per month of risk per life on DI policies sold on policy forms introduced in most states starting in 2007 (2010 for RiverSource Life of NY) and reinsures the remainder of the risk on a coinsurance basis with unaffiliated reinsurance companies. The Company retains all risk for new claims on DI contracts sold on other policy forms introduced prior to 2007 (2010 for RiverSource Life of NY). The Company also retains all risk on accidental death benefit claims and substantially all risk associated with waiver of premium provisions.

As of December 31, 2017 and 2016, traditional life and UL insurance in force aggregated $195.9 billion and $196.5 billion, respectively, of which $142.4 billion as of both December 31, 2017 and 2016 were reinsured at the respective year ends.

The effect of reinsurance on premiums for traditional long-duration products was as follows:


	Years Ended December 31,
(in millions)	2017			2016			2015
Direct premiums	$	637		$	642		$	629
Reinsurance ceded		(227	)		(225	)		(223	)
Net premiums	$	410		$	417		$	406

Policy and contract charges are presented on the Consolidated Statements of Income net of $114 million, $110 million and $107 million of reinsurance ceded for non-traditional long-duration products for the years ended December 31, 2017, 2016 and 2015, respectively.

Reinsurance recovered on all contracts was $298 million, $318 million and $287 million for the years ended December 31, 2017, 2016 and 2015, respectively.

F-22

RiverSource Life Insurance Company

Reinsurance recoverables include approximately $2.3 billion and $2.0 billion related to LTC risk ceded to Genworth as of December 31, 2017 and 2016, respectively. Policyholder account balances, future policy benefits and claims include $509 million and $529 million related to previously assumed reinsurance arrangements as of December 31, 2017 and 2016, respectively.

9. POLICYHOLDER ACCOUNT BALANCES, FUTURE POLICY BENEFITS AND CLAIMS AND SEPARATE ACCOUNT LIABILITIES

Policyholder account balances, future policy benefits and claims consisted of the following:


	December 31,
(in millions)	2017			2016
Policyholder account balances
Fixed annuities⁽¹⁾	$	9,934		$	10,588
Variable annuity fixed sub-accounts		5,166			5,211
VUL/UL insurance		3,047			3,007
IUL insurance		1,384			1,054
Other life insurance		720			758
Total policyholder account balances		20,251			20,618
Future policy benefits
Variable annuity GMWB		463			1,017
Variable annuity GMAB		(80	)⁽²⁾		(24	)⁽²⁾
Other annuity liabilities		78			66
Fixed annuity life contingent liabilities		1,484			1,497
Life and DI insurance		1,221			1,204
LTC insurance		4,896			4,352
VUL/UL and other life insurance additional liabilities		688			588
Total future policy benefits		8,750			8,700
Policy claims and other policyholders’ funds		177			196
Total policyholder account balances, future policy benefits and claims	$	29,178		$	29,514

⁽¹⁾	Includes fixed deferred annuities, non-life contingent fixed payout annuities and indexed annuity host contracts.

⁽²⁾	Includes the fair value of GMAB embedded derivatives that was a net asset as of both December 31, 2017 and 2016 reported as a contra liability.

Fixed Annuities

Fixed annuities include deferred, payout and indexed annuity contracts.

Deferred contracts offer a guaranteed minimum rate of interest and security of the principal invested. Payout contracts guarantee a fixed income payment for life or the term of the contract. Liabilities for fixed annuities in a benefit or payout status are based on future estimated payments using established industry mortality tables and interest rates, ranging from 2.71% to 9.38% as of December 31, 2017, depending on year of issue, with an average rate of approximately 4.09%. The Company generally invests the proceeds from the annuity contracts in fixed rate securities.

The Company’s equity indexed annuity (“EIA”) product is a single premium fixed deferred annuity. The Company discontinued new sales of EIA in 2007. The contract was issued with an initial term of seven years and interest earnings are linked to the performance of the S&P 500^® Index. This annuity has a minimum interest rate guarantee of 3% on 90% of the initial premium, adjusted for any surrenders. The Company generally invests the proceeds from the annuity contracts in fixed rate securities and hedges the equity risk with derivative instruments.

In November 2017, the Company began offering a fixed index annuity product which is a fixed annuity that includes an indexed account. The rate of interest credited above the minimum guarantee for funds allocated to the indexed account is linked to the performance of the specific index for the indexed account (subject to a cap). The Company offers S&P 500^®Index and MSCI^® EAFE Index account options. Both options offer two crediting durations, one-year and two-year. The contractholder may allocate all or a portion of the policy value to a fixed or indexed account. The portion of the policy allocated to the indexed account is accounted for as an embedded derivative. The Company hedges the interest credited rate including equity and interest rate risk related to the indexed account with derivative instruments. The contractholder can choose to add a GMWB for life rider for an additional fee.

See Note 17 for additional information regarding the Company’s derivative instruments used to hedge the risk related to indexed annuities.

Variable Annuities

Purchasers of variable annuities can select from a variety of investment options and can elect to allocate a portion to a fixed account. A vast majority of the premiums received for variable annuity contracts are held in separate accounts where the assets are held for the exclusive benefit of those contractholders.

F-23

RiverSource Life Insurance Company

Most of the variable annuity contracts currently issued by the Company contain one or more guaranteed benefits, including GMWB, GMAB, GMDB and GGU provisions. The Company previously offered contracts with GMIB provisions. See Note 2 and Note 10 for additional information regarding the Company’s variable annuity guarantees. The Company does not currently hedge its risk under the GGU and GMIB provisions. See Note 13 and Note 17 for additional information regarding the Company’s derivative instruments used to hedge risks related to GMWB, GMAB and GMDB provisions.

Insurance Liabilities

VUL/UL is the largest group of insurance policies written by the Company. Purchasers of VUL can select from a variety of investment options and can elect to allocate a portion to a fixed account or a separate account. A vast majority of the premiums received for VUL policies are held in separate accounts where the assets are held for the exclusive benefit of those policyholders.

IUL is a universal life policy that includes an indexed account. The rate of credited interest above the minimum guarantee for funds allocated to the indexed account is linked to the performance of the specific index for the indexed account (subject to a cap and floor). The Company offers an S&P 500^® Index account option and a blended multi-index account option comprised of the S&P 500 Index, the MSCI^® EAFE Index and the MSCI EM Index. Both options offer two crediting durations, one-year and two-year. The policyholder may allocate all or a portion of the policy value to a fixed or any available indexed account. The portion of the policy allocated to the indexed account is accounted for as an embedded derivative at fair value. The Company hedges the interest credited rate including equity and interest rate risk related to the indexed account with derivative instruments. See Note 17 for additional information regarding the Company’s derivative instruments used to hedge the risk related to IUL.

The Company also offers term life insurance as well as DI products. The Company no longer offers standalone LTC products and whole life insurance but has in force policies from prior years.

Insurance liabilities include accumulation values, unpaid reported claims, incurred but not reported claims and obligations for anticipated future claims.

The liability for estimates of benefits that will become payable on future claims on term life, whole life and DI policies is based on the net level premium and LTC policies is based on a gross premium valuation reflecting management’s current best estimate assumptions. Both include the anticipated interest rates earned on assets supporting the liability. Anticipated interest rates for term and whole life ranged from 3% to 10% as of December 31, 2017. Anticipated interest rates for DI policies ranged from 3.75% to 7.5% as of December 31, 2017 and for LTC policies ranged from 6% to 6.4% as of December 31, 2017.

The liability for unpaid reported claims on DI and LTC policies includes an estimate of the present value of obligations for continuing benefit payments. The discount rates used to calculate present values are based on average interest rates earned on assets supporting the liability for unpaid amounts and were 4.5% and 6.25% for DI and LTC claims, respectively, as of December 31, 2017.

Portions of the Company’s UL and VUL policies have product features that result in profits followed by losses from the insurance component of the policy. These profits followed by losses can be generated by the cost structure of the product or secondary guarantees in the policy. The secondary guarantee ensures that, subject to specified conditions, the policy will not terminate and will continue to provide a death benefit even if there is insufficient policy value to cover the monthly deductions and charges.

Separate Account Liabilities

Separate account liabilities consisted of the following:


	December 31,
(in millions)	2017		2016
Variable annuity	$	75,174	$	69,606
VUL insurance		7,352		6,659
Other insurance		34		33
Total	$	82,560	$	76,298

10. VARIABLE ANNUITY AND INSURANCE GUARANTEES

The majority of the variable annuity contracts offered by the Company contain GMDB provisions. The Company also offers variable annuities with GGU, GMWB and GMAB provisions. The Company previously offered contracts containing GMIB provisions. See Note 2 and Note 9 for additional information regarding the Company’s variable annuity guarantees.

The GMDB and GGU provisions provide a specified minimum return upon death of the contractholder. The death benefit payable is the greater of (i) the contract value less any purchase payment credits subject to recapture less a pro-rata portion of any rider fees, or (ii) the GMDB provisions specified in the contract. The Company has the following primary GMDB provisions:

•

Return of premium — provides purchase payments minus adjusted partial surrenders.

•

Reset — provides that the value resets to the account value every sixth contract anniversary minus adjusted partial surrenders. This provision was often provided in combination with the return of premium provision and is no longer offered.

F-24

RiverSource Life Insurance Company

•

Ratchet — provides that the value ratchets up to the maximum account value at specified anniversary intervals, plus subsequent purchase payments less adjusted partial surrenders.

The variable annuity contracts with GMWB riders typically have account values that are based on an underlying portfolio of mutual funds, the values of which fluctuate based on fund performance. At issue, the guaranteed amount is equal to the amount deposited but the guarantee may be increased annually to the account value (a “step-up”) in the case of favorable market performance or by a benefit credit if the contract includes this provision.

The Company has GMWB riders in force, which contain one or more of the following provisions:

•

Withdrawals at a specified rate per year until the amount withdrawn is equal to the guaranteed amount.

•

Withdrawals at a specified rate per year for the life of the contractholder (“GMWB for life”).

•

Withdrawals at a specified rate per year for joint contractholders while either is alive.

•

Withdrawals based on performance of the contract.

•

Withdrawals based on the age withdrawals begin.

•

Credits are applied annually for a specified number of years to increase the guaranteed amount as long as withdrawals have not been taken.

Variable annuity contractholders age 79 or younger at contract issue can also obtain a principal-back guarantee by purchasing the optional GMAB rider for an additional charge. The GMAB rider guarantees that, regardless of market performance at the end of the 10-year waiting period, the contract value will be no less than the original investment or a specified percentage of the highest anniversary value, adjusted for withdrawals. If the contract value is less than the guarantee at the end of the 10-year period, a lump sum will be added to the contract value to make the contract value equal to the guarantee value.

Certain UL policies offered by the Company provide secondary guarantee benefits. The secondary guarantee ensures that, subject to specified conditions, the policy will not terminate and will continue to provide a death benefit even if there is insufficient policy value to cover the monthly deductions and charges.

The following table provides information related to variable annuity guarantees for which the Company has established additional liabilities:


	December 31, 2017								December 31, 2016
Variable Annuity Guarantees by Benefit Type⁽¹⁾ (in millions, except age)	Total Contract Value		Contract Value in Separate Accounts		Net Amount at Risk		Weighted Average Attained Age		Total Contract Value		Contract Value in Separate Accounts		Net Amount at Risk			Weighted Average Attained Age
GMDB:
Return of premium	$	61,418	$	59,461	$	9		66	$	56,143	$	54,145	$	208			65
Five/six-year reset		8,870		6,149		12		66		8,878		6,170		22			66
One-year ratchet		6,548		6,187		11		69		6,426		6,050		110			68
Five-year ratchet		1,563		1,506		1		65		1,542		1,483		7			64
Other		1,099		1,075		50		72		965		942		86			71
Total — GMDB	$	79,498	$	74,378	$	83		66	$	73,954	$	68,790	$	433			65
GGU death benefit	$	1,118	$	1,067	$	133		70	$	1,047	$	996	$	108			68
GMIB	$	233	$	216	$	7		69	$	245	$	227	$	13			68
GMWB:
GMWB	$	2,508	$	2,500	$	1		71	$	2,650	$	2,642	$	2			70
GMWB for life		44,375		44,259		129		67		39,436		39,282		289	⁽²⁾		66
Total — GMWB	$	46,883	$	46,759	$	130		67	$	42,086	$	41,924	$	291			66
GMAB	$	3,086	$	3,083	$	—		59	$	3,484	$	3,476	$	21			59

⁽¹⁾	Individual variable annuity contracts may have more than one guarantee and therefore may be included in more than one benefit type. Variable annuity contracts for which the death benefit equals the account value are not shown in this table.

⁽²⁾	Amount revised to reflect updated contractholder mortality assumptions as of December 31, 2016.

The net amount at risk for GMDB, GGU and GMAB is defined as the current guaranteed benefit amount in excess of the current contract value. The net amount at risk for GMIB is defined as the greater of the present value of the minimum guaranteed annuity payments less the current contract value or zero. The net amount at risk for GMWB is defined as the greater of the present value of the minimum guaranteed withdrawal payments less the current contract value or zero.

F-25

RiverSource Life Insurance Company

The following table provides information related to insurance guarantees for which the Company has established additional liabilities:


	December 31, 2017				December 31, 2016
(in millions, except age)	Net Amount at Risk		Weighted Average Attained Age		Net Amount at Risk		Weighted Average Attained Age
UL secondary guarantees	$	6,460		65	$	6,376		64

The net amount at risk for UL secondary guarantees is defined as the current guaranteed death benefit amount in excess of the current policyholder account balance.

Changes in additional liabilities (contra liabilities) for variable annuity and insurance guarantees were as follows:


(in millions)	GMDB &GGU			GMIB			GMWB⁽¹⁾			GMAB⁽¹⁾			UL
Balance at January 1, 2015	$	9		$	7		$	693		$	(41	)	$	263
Incurred claims		10			1			364			41			92
Paid claims		(5	)		—			—			—			(23	)
Balance at December 31, 2015		14			8			1,057			—			332
Incurred claims		11			1			(40	)		(23	)		127
Paid claims		(9	)		(1	)		—			(1	)		(25	)
Balance at December 31, 2016		16			8			1,017			(24	)		434
Incurred claims		5			—			(554	)		(56	)		84
Paid claims		(4	)		(2	)		—			—			(29	)
Balance at December 31, 2017	$	17		$	6		$	463		$	(80	)	$	489

⁽¹⁾	The incurred claims for GMWB and GMAB represent the change in the fair value of the liabilities (contra liabilities) less paid claims.

The liabilities for guaranteed benefits are supported by general account assets.

The following table summarizes the distribution of separate account balances by asset type for variable annuity contracts providing guaranteed benefits:


	December 31,
(in millions)	2017		2016
Mutual funds:
Equity	$	46,038	$	40,622
Bond		23,529		23,142
Other		5,109		5,326
Total mutual funds	$	74,676	$	69,090

No gains or losses were recognized on assets transferred to separate accounts for the years ended December 31, 2017, 2016 and 2015.

11. LINES OF CREDIT

RiverSource Life Insurance Company, as the borrower, has a revolving credit agreement with Ameriprise Financial as the lender. The aggregate amount outstanding under the line of credit may not exceed 3% of RiverSource Life Insurance Company’s statutory admitted assets (excluding separate accounts) as of the prior year end. The interest rate for any borrowing under the agreement is established by reference to LIBOR for U.S. dollar deposits with maturities comparable to the relevant interest period, plus an applicable margin subject to adjustment based on debt ratings of the senior unsecured debt of Ameriprise Financial. Amounts borrowed may be repaid at any time with no prepayment penalty. There were no amounts outstanding on this line of credit as of December 31, 2017 and 2016.

RiverSource Life of NY, as the borrower, has a revolving credit agreement with Ameriprise Financial as the lender. The aggregate amount outstanding under the line of credit may not exceed the lesser of $25 million or 3% of RiverSource Life of NY’s statutory admitted assets (excluding separate accounts) as of the prior year end. The interest rate for any borrowing is established by reference to LIBOR for U.S. dollar deposits with maturities comparable to the relevant interest period. Amounts borrowed may be repaid at any time with no prepayment penalty. There were no amounts outstanding on this line of credit as of December 31, 2017 and 2016.

RTA has a revolving credit agreement with Ameriprise Financial as the lender not to exceed $100 million. The interest rate for any borrowing is established by reference to LIBOR for U.S. dollar deposits with maturities comparable to the relevant interest period, plus an applicable margin subject to adjustment based on debt ratings of the senior unsecured debt of Ameriprise Financial. This line of credit is automatically renewed annually with Ameriprise Financial. There were no amounts outstanding on this revolving credit agreement as of December 31, 2017 and 2016.

F-26

RiverSource Life Insurance Company

RiverSource Life Insurance Company, as the lender, has a revolving credit agreement with Ameriprise Financial as the borrower. This line of credit is not to exceed 3% of RiverSource Life Insurance Company’s statutory admitted assets as of the prior year end. The interest rate for any borrowing is established by reference to LIBOR for U.S. dollar deposits with maturities comparable to the relevant interest period, plus an applicable margin subject to adjustment based on debt ratings of the senior unsecured debt of Ameriprise Financial. In the event of default, an additional 1% interest will accrue during such period of default. There were no amounts outstanding on this revolving credit agreement as of December 31, 2017 and 2016.

12. SHORT-TERM BORROWINGS

The Company enters into repurchase agreements in exchange for cash which it accounts for as secured borrowings and has pledged Available-for-Sale securities to collateralize its obligations under the repurchase agreements. As of December 31, 2017 and 2016, the Company has pledged $43 million and $33 million, respectively, of agency residential mortgage backed securities and $8 million and $19 million, respectively, of commercial mortgage backed securities. The amount of the Company’s liability including accrued interest as of both December 31, 2017 and 2016 was $50 million. The remaining maturity of outstanding repurchase agreements was less than one month and less than three months as of December 31, 2017 and 2016, respectively. The weighted average annualized interest rate on repurchase agreements held as of December 31, 2017 and 2016 was 1.4% and 0.9%, respectively.

RiverSource Life Insurance Company is a member of the Federal Home Loan Bank (“FHLB”) of Des Moines which provides access to collateralized borrowings. The Company has pledged Available-for-Sale securities consisting of commercial mortgage backed securities to collateralize its obligation under these borrowings. The fair value of the securities pledged is recorded in investments and was $750 million and $771 million as of December 31, 2017 and 2016, respectively. The amount of the Company’s liability including accrued interest as of both December 31, 2017 and 2016 was $150 million. The remaining maturity of outstanding FHLB advances was less than four months as of both December 31, 2017 and 2016. The weighted average annualized interest rate on the FHLB advances held as of December 31, 2017 and 2016 was 1.5% and 0.8%, respectively.

13. FAIR VALUES OF ASSETS AND LIABILITIES

GAAP defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date; that is, an exit price. The exit price assumes the asset or liability is not exchanged subject to a forced liquidation or distressed sale.

Valuation Hierarchy

The Company categorizes its fair value measurements according to a three-level hierarchy. The hierarchy prioritizes the inputs used by the Company’s valuation techniques. A level is assigned to each fair value measurement based on the lowest level input that is significant to the fair value measurement in its entirety. The three levels of the fair value hierarchy are defined as follows:

Level 1

Unadjusted quoted prices for identical assets or liabilities in active markets that are accessible at the measurement date.

Level 2

Prices or valuations based on observable inputs other than quoted prices in active markets for identical assets and liabilities.

Level 3

Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable.

F-27

RiverSource Life Insurance Company

The following tables present the balances of assets and liabilities measured at fair value on a recurring basis:


	December 31, 2017
(in millions)	Level 1		Level 2		Level 3			Total
Assets
Available-for-Sale securities: Fixed maturities:
Corporate debt securities	$	—	$	12,161	$	1,072		$	13,233
Residential mortgage backed securities		—		2,924		87			3,011
Commercial mortgage backed securities		—		3,569		—			3,569
State and municipal obligations		—		1,314		—			1,314
Asset backed securities		—		728		—			728
Foreign government bonds and obligations		—		299		—			299
U.S. government and agency obligations		1		—		—			1
Total Available-for-Sale securities: Fixed maturities		1		20,995		1,159			22,155
Cash equivalents		—		1,030		—			1,030
Other assets:
Interest rate derivative contracts		—		1,081		—			1,081
Equity derivative contracts		62		2,305		—			2,367
Foreign exchange derivative contracts		1		34		—			35
Total other assets		63		3,420		—			3,483
Separate account assets at net asset value (“NAV”)									82,560	⁽¹⁾
Total assets at fair value	$	64	$	25,445	$	1,159		$	109,228

Liabilities
Policyholder account balances, future policy benefits and claims:
Indexed annuity embedded derivatives	$	—	$	5	$	—		$	5
IUL embedded derivatives		—		—		601			601
GMWB and GMAB embedded derivatives		—		—		(49	)		(49	)⁽²⁾
Total policyholder account balances, future policy benefits and claims		—		5		552			557	⁽³⁾
Other liabilities:
Interest rate derivative contracts		1		414		—			415
Equity derivative contracts		5		2,666		—			2,671
Foreign exchange derivative contracts		—		23		—			23
Credit derivative contracts		—		2		—			2
Total other liabilities		6		3,105		—			3,111
Total liabilities at fair value	$	6	$	3,110	$	552		$	3,668

F-28

RiverSource Life Insurance Company


	December 31, 2016
(in millions)	Level 1		Level 2		Level 3		Total
Assets
Available-for-Sale securities: Fixed maturities:
Corporate debt securities	$	—	$	12,955	$	1,157	$	14,112
Residential mortgage backed securities		—		3,300		115		3,415
Commercial mortgage backed securities		—		2,857		—		2,857
State and municipal obligations		—		1,229		—		1,229
Asset backed securities		—		792		13		805
Foreign government bonds and obligations		—		261		—		261
U.S. government and agency obligations		3		—		—		3
Total Available-for-Sale securities: Fixed maturities		3		21,394		1,285		22,682
Common stocks		6		4		—		10
Cash equivalents		—		302		—		302
Other assets:
Interest rate derivative contracts		—		1,735		—		1,735
Equity derivative contracts		43		1,487		—		1,530
Credit derivative contracts		—		1		—		1
Foreign exchange derivative contracts		—		80		—		80
Total other assets		43		3,303		—		3,346
Separate account assets at NAV								76,298	⁽¹⁾
Total assets at fair value	$	52	$	25,003	$	1,285	$	102,638

Liabilities
Policyholder account balances, future policy benefits and claims:
Indexed annuity embedded derivatives	$	—	$	5	$	—	$	5
IUL embedded derivatives		—		—		464		464
GMWB and GMAB embedded derivatives		—		—		614		614	⁽⁴⁾
Total policyholder account balances, future policy benefits and claims		—		5		1,078		1,083	⁽⁵⁾
Other liabilities:
Interest rate derivative contracts		1		964		—		965
Equity derivative contracts		2		1,987		—		1,989
Foreign exchange derivative contracts		2		45		—		47
Total other liabilities		5		2,996		—		3,001
Total liabilities at fair value	$	5	$	3,001	$	1,078	$	4,084

⁽¹⁾	Amounts are comprised of certain financial instruments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient and have not been classified in the fair value hierarchy.

⁽²⁾	The fair value of the GMWB and GMAB embedded derivatives included $443 million of individual contracts in a liability position and $492 million of individual contracts in an asset position as of December 31, 2017.

⁽³⁾	The Company’s adjustment for nonperformance risk resulted in a $(399) million cumulative increase (decrease) to the embedded derivatives as of December 31, 2017.

⁽⁴⁾	The fair value of the GMWB and GMAB embedded derivatives included $880 million of individual contracts in a liability position and $266 million of individual contracts in an asset position as of December 31, 2016.

⁽⁵⁾	The Company’s adjustment for nonperformance risk resulted in a $(498) million cumulative increase (decrease) to the embedded derivatives as of December 31, 2016.

F-29

RiverSource Life Insurance Company

The following tables provide a summary of changes in Level 3 assets and liabilities measured at fair value on a recurring basis:


	Available-for-Sale Securities: Fixed Maturities															Common Stocks
	Corporate Debt Securities			Residential Mortgage Backed Securities			Commercial Mortgage Backed Securities			Asset Backed Securities			Total			Common Stocks
Balance, January 1, 2017	$	1,157		$	115		$	—		$	13		$	1,285		$	—
Total gains (losses) included in:
Net income		1			—			—			—			1	⁽¹⁾		—
Other comprehensive income (loss)		(8	)		1			—			—			(7	)		—
Purchases		124			67			36			49			276			—
Settlements		(202	)		(7	)		—			(13	)		(222	)		—
Transfers into Level 3		—			—			—			11			11			4
Transfers out of Level 3		—			(89	)		(36	)		(60	)		(185	)		(4	)
Balance, December 31, 2017	$	1,072		$	87		$	—		$	—		$	1,159		$	—
Changes in unrealized gains (losses) relating to assets held at December 31, 2017	$	1		$	—		$	—		$	—		$	1	⁽¹⁾	$	—


	Policyholder Account Balances, Future Policy Benefits and Claims
(in millions)	IUL Embedded Derivatives			GMWB and GMAB Embedded Derivatives			Total
Balance, January 1, 2017	$	464		$	614		$	1,078
Total (gains) losses included in:
Net income		87	⁽²⁾		(977	)⁽³⁾		(890	)
Issues		92			326			418
Settlements		(42	)		(12	)		(54	)
Balance, December 31, 2017	$	601		$	(49	)	$	552
Changes in unrealized (gains) losses relating to liabilities held at December 31, 2017	$	87	⁽²⁾	$	(946	)⁽³⁾	$	(859	)


	Available-for-Sale Securities: Fixed Maturities															Other Derivative Contracts
(in millions)	Corporate Debt Securities			Residential Mortgage Backed Securities			Commercial Mortgage Backed Securities			Asset Backed Securities			Total			Other Derivative Contracts
Balance, January 1, 2016	$	1,235		$	21		$	3		$	133		$	1,392		$	—
Total gains (losses) included in:
Net income		1			—			—			1			2	⁽¹⁾		(2	)⁽³⁾
Other comprehensive income (loss)		(1	)		(1	)		—			—			(2	)		—
Purchases		47			134			42			—			223			2
Settlements		(126	)		(9	)		(3	)		(1	)		(139	)		—
Transfers into Level 3		1			—			—			12			13			—
Transfers out of Level 3		—			(30	)		(42	)		(132	)		(204	)		—
Balance, December 31, 2016	$	1,157		$	115		$	—		$	13		$	1,285		$	—
Changes in unrealized gains (losses) relating to assets held at December 31, 2016	$	1		$	—		$	—		$	—		$	1	⁽¹⁾	$	(2	)⁽³⁾


	Policyholder Account Balances, Future Policy Benefits and Claims
(in millions)	IUL Embedded Derivatives			GMWB and GMAB Embedded Derivatives			Total
Balance, January 1, 2016	$	364		$	851		$	1,215
Total (gains) losses included in:
Net income		13	⁽²⁾		(511	)⁽³⁾		(498	)
Issues		115			295			410
Settlements		(28	)		(21	)		(49	)
Balance, December 31, 2016	$	464		$	614		$	1,078
Changes in unrealized (gains) losses relating to liabilities held at December 31, 2016	$	13	⁽²⁾	$	(448	)⁽³⁾	$	(435	)

F-30

RiverSource Life Insurance Company


	Available-for-Sale Securities: Fixed Maturities															Common Stocks
(in millions)	Corporate Debt Securities			Residential Mortgage Backed Securities			Commercial Mortgage Backed Securities			Asset Backed Securities			Total			Common Stocks
Balance, January 1, 2015	$	1,353		$	9		$	90		$	151		$	1,603		$	1
Total gains (losses) included in:
Net income		(1	)		—			—			1			—	⁽¹⁾		—
Other comprehensive income (loss)		(21	)		—			—			(2	)		(23	)		(1	)
Purchases		153			67			32			16			268			—
Settlements		(238	)		(4	)		(7	)		(2	)		(251	)		—
Transfers into Level 3		—			—			6			14			20			—
Transfers out of Level 3		(11	)		(51	)		(118	)		(45	)		(225	)		—
Balance, December 31, 2015	$	1,235		$	21		$	3		$	133		$	1,392		$	—
Changes in unrealized gains (losses) relating to assets held at December 31, 2015	$	(1	)	$	—		$	—		$	1		$	—	⁽¹⁾	$	—


	Policyholder Account Balances, Future Policy Benefits and Claims
(in millions)	IUL Embedded Derivatives			GMWB and GMAB Embedded Derivatives			Total
Balance, January 1, 2015	$	242		$	479		$	721
Total (gains) losses included in:
Net income		27	⁽²⁾		105	⁽³⁾		132
Issues		114			271			385
Settlements		(19	)		(4	)		(23	)
Balance, December 31, 2015	$	364		$	851		$	1,215
Changes in unrealized (gains) losses relating to liabilities held at December 31, 2015	$	27	⁽²⁾	$	127	⁽³⁾	$	154

⁽¹⁾	Included in net investment income in the Consolidated Statements of Income.

⁽²⁾	Included in interest credited to fixed accounts in the Consolidated Statements of Income.

⁽³⁾	Included in benefits, claims, losses and settlement expenses in the Consolidated Statements of Income.

The increase (decrease) to pretax income of the Company’s adjustment for nonperformance risk on the fair value of its embedded derivatives was $(71) million, $98 million and $74 million, net of DAC, DSIC, unearned revenue amortization and the reinsurance accrual, for the years ended December 31, 2017, 2016 and 2015, respectively.

Securities transferred from Level 3 primarily represent securities with fair values that are now obtained from a third-party pricing service with observable inputs. Securities transferred to Level 3 represent securities with fair values that are now based on a single non-binding broker quote. The Company recognizes transfers between levels of the fair value hierarchy as of the beginning of the quarter in which each transfer occurred. For assets and liabilities held at the end of the reporting periods that are measured at fair value on a recurring basis, there were no transfers between Level 1 and Level 2.

The following tables provide a summary of the significant unobservable inputs used in the fair value measurements developed by the Company or reasonably available to the Company of Level 3 assets and liabilities:


	December 31, 2017
	Fair Value			Valuation Technique	Unobservable Input	Range						Weighted Average
	(in millions)
Corporate debt securities (private placements)	$	1,070		Discounted cash flow	Yield/spread to U.S. Treasuries		0.7	%	–	2.3	%		1.1	%
IUL embedded derivatives	$	601		Discounted cash flow	Nonperformance risk⁽¹⁾		71			bps
GMWB and GMAB embedded derivatives	$	(49	)	Discounted cash flow	Utilization of guaranteed withdrawals⁽²⁾		0.0	%	–	42.0%
					Surrender rate		0.1%		–	74.7%
					Market volatility⁽³⁾		3.7%		–	16.1%
					Nonperformance risk⁽¹⁾		71			bps

F-31

RiverSource Life Insurance Company


	December 31, 2016
	Fair Value		Valuation Technique	Unobservable Input	Range						Weighted Average
	(in millions)
Corporate debt securities (private placements)	$	1,154	Discounted cash flow	Yield/spread to U.S. Treasuries		0.9	%	–	2.5	%		1.3	%
IUL embedded derivatives	$	464	Discounted cash flow	Nonperformance risk⁽¹⁾		82			bps
GMWB and GMAB embedded derivatives	$	614	Discounted cash flow	Utilization of guaranteed withdrawals⁽²⁾		0.0	%	–	75.6%
				Surrender rate		0.1%		–	66.4%
				Market volatility⁽³⁾		5.3%		–	21.2%
				Nonperformance risk⁽¹⁾		82			bps

⁽¹⁾	The nonperformance risk is the spread added to the observable interest rates used in the valuation of the embedded derivatives.

⁽²⁾	The utilization of guaranteed withdrawals represents the percentage of contractholders that will begin withdrawing in any given year.

⁽³⁾	Market volatility is implied volatility of fund of funds and managed volatility funds.

Level 3 measurements not included in the table above are obtained from non-binding broker quotes where unobservable inputs utilized in the fair value calculation are not reasonably available to the Company.

Sensitivity of Fair Value Measurements to Changes in Unobservable Inputs

Significant increases (decreases) in the yield/spread to U.S. Treasuries used in the fair value measurement of Level 3 corporate debt securities in isolation would result in a significantly lower (higher) fair value measurement.

Significant increases (decreases) in nonperformance risk used in the fair value measurement of the IUL embedded derivatives in isolation would result in a significantly lower (higher) fair value measurement.

Significant increases (decreases) in utilization and volatility used in the fair value measurement of the GMWB and GMAB embedded derivatives in isolation would result in a significantly higher (lower) liability value. Significant increases (decreases) in nonperformance risk and surrender rate used in the fair value measurement of the GMWB and GMAB embedded derivatives in isolation would result in a significantly lower (higher) liability value. Utilization of guaranteed withdrawals and surrender rates vary with the type of rider, the duration of the policy, the age of the contractholder, the distribution channel and whether the value of the guaranteed benefit exceeds the contract accumulation value.

Determination of Fair Value

The Company uses valuation techniques consistent with the market and income approaches to measure the fair value of its assets and liabilities. The Company’s market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The Company’s income approach uses valuation techniques to convert future projected cash flows to a single discounted present value amount. When applying either approach, the Company maximizes the use of observable inputs and minimizes the use of unobservable inputs.

The following is a description of the valuation techniques used to measure fair value and the general classification of these instruments pursuant to the fair value hierarchy.

Assets

Cash Equivalents

Cash equivalents include highly liquid investments with original or remaining maturities at the time of purchase of 90 days or less. The Company’s cash equivalents are classified as Level 2 and measured at amortized cost, which is a reasonable estimate of fair value because of the short time between the purchase of the instrument and its expected realization.

Available-for-Sale Securities

When available, the fair value of securities is based on quoted prices in active markets. If quoted prices are not available, fair values are obtained from third-party pricing services, non-binding broker quotes, or other model-based valuation techniques. Level 1 securities primarily include U.S. Treasuries. Level 2 securities primarily include corporate bonds, residential mortgage backed securities, commercial mortgage backed securities, state and municipal obligations, asset backed securities and foreign government securities. The fair value of these Level 2 securities is based on a market approach with prices obtained from third-party pricing services. Observable inputs used to value these securities can include, but are not limited to, reported trades, benchmark yields, issuer spreads and non-binding broker quotes. Level 3 securities primarily include certain corporate bonds, non-agency residential mortgage backed securities and asset backed securities. The fair value of corporate bonds, non-agency residential mortgage backed securities and certain asset backed securities classified as Level 3 is typically based on a single non-binding broker quote. The underlying inputs used for some of the non-binding broker quotes are not readily available to the Company. The Company’s privately placed corporate bonds are typically based on a single non-binding broker quote. In addition to the general pricing controls, the Company reviews the broker prices to ensure that the broker quotes are reasonable and, when available, compares prices of privately issued securities to public issues from the same issuer to ensure that the implicit illiquidity premium applied to the privately placed investment is reasonable considering investment characteristics, maturity, and average life of the investment.

F-32

RiverSource Life Insurance Company

In consideration of the above, management is responsible for the fair values recorded on the financial statements. Prices received from third-party pricing services are subjected to exception reporting that identifies investments with significant daily price movements as well as no movements. The Company reviews the exception reporting and resolves the exceptions through reaffirmation of the price or recording an appropriate fair value estimate. The Company also performs subsequent transaction testing. The Company performs annual due diligence of third-party pricing services. The Company’s due diligence procedures include assessing the vendor’s valuation qualifications, control environment, analysis of asset-class specific valuation methodologies, and understanding of sources of market observable assumptions and unobservable assumptions, if any, employed in the valuation methodology. The Company also considers the results of its exception reporting controls and any resulting price challenges that arise.

Separate Account Assets

The fair value of assets held by separate accounts is determined by the NAV of the funds in which those separate accounts are invested. The NAV is used as a practical expedient for fair value and represents the exit price for the separate account. Separate account assets are excluded from classification in the fair value hierarchy.

Other Assets

Derivatives that are measured using quoted prices in active markets, such as derivatives that are exchange-traded, are classified as Level 1 measurements. The variation margin on futures contracts is also classified as Level 1. The fair value of derivatives that are traded in less active over-the-counter (“OTC”) markets is generally measured using pricing models with market observable inputs such as interest rates and equity index levels. These measurements are classified as Level 2 within the fair value hierarchy and include swaps and the majority of options. The counterparties’ nonperformance risk associated with uncollateralized derivative assets was immaterial as of December 31, 2017 and 2016. See Note 16 and Note 17 for further information on the credit risk of derivative instruments and related collateral.

Liabilities

Policyholder Account Balances, Future Policy Benefits and Claims

The Company values the embedded derivatives attributable to the provisions of certain variable annuity riders using internal valuation models. These models calculate fair value by discounting expected cash flows from benefits plus margins for profit, risk and expenses less embedded derivative fees. The projected cash flows used by these models include observable capital market assumptions and incorporate significant unobservable inputs related to contractholder behavior assumptions, implied volatility, and margins for risk, profit and expenses that the Company believes an exit market participant would expect. The fair value also reflects a current estimate of the Company’s nonperformance risk specific to these embedded derivatives. Given the significant unobservable inputs to this valuation, these measurements are classified as Level 3. The embedded derivatives attributable to these provisions are recorded in policyholder account balances, future policy benefits and claims.

The Company uses various Black-Scholes calculations to determine the fair value of the embedded derivatives associated with the provisions of its indexed annuity and IUL products. Significant inputs to the EIA calculation include observable interest rates, volatilities and equity index levels and, therefore, are classified as Level 2. The fair value of the fixed index annuity and IUL embedded derivatives includes significant observable interest rates, volatilities and equity index levels and the significant unobservable estimate of the Company’s nonperformance risk. Given the significance of the nonperformance risk assumption to the fair value, the fixed index annuity and IUL embedded derivatives are classified as Level 3. The embedded derivatives attributable to these provisions are recorded in policyholder account balances, future policy benefits and claims.

The Company’s Corporate Actuarial Department calculates the fair value of the embedded derivatives on a monthly basis. During this process, control checks are performed to validate the completeness of the data. Actuarial management approves various components of the valuation along with the final results. The change in the fair value of the embedded derivatives is reviewed monthly with senior management. The Level 3 inputs into the valuation are consistent with the pricing assumptions and updated as experience develops. Significant unobservable inputs that reflect policyholder behavior are reviewed quarterly along with other valuation assumptions.

Other Liabilities

Derivatives that are measured using quoted prices in active markets, such as derivatives that are exchange-traded, are classified as Level 1 measurements. The variation margin on futures contracts is also classified as Level 1. The fair value of derivatives that are traded in less active OTC markets is generally measured using pricing models with market observable inputs such as interest rates and equity index levels. These measurements are classified as Level 2 within the fair value hierarchy and include swaps and the majority of options. The Company’s nonperformance risk associated with uncollateralized derivative liabilities was immaterial as of December 31, 2017 and 2016. See Note 16 and Note 17 for further information on the credit risk of derivative instruments and related collateral.

F-33

RiverSource Life Insurance Company

Fair Value on a Nonrecurring Basis

The Company assesses its investment in affordable housing partnerships for other-than-temporary impairment. The investments that are determined to be other-than-temporarily impaired are written down to their fair value. The Company uses a discounted cash flow model to measure the fair value of these investments. Inputs to the discounted cash flow model are estimates of future net operating losses and tax credits available to the Company and discount rates based on market condition and the financial strength of the syndicator (general partner). During the year ended December 31, 2017, the Company recognized $64 million of impairments on its investment in affordable housing partnerships primarily due to the enactment of the Tax Act. The balance of affordable housing partnerships measured at fair value on a nonrecurring basis was $166 million as of December 31, 2017 and is classified as Level 3 in the fair value hierarchy.

Asset and Liabilities Not Reported at Fair Value

The following tables provide the carrying value and the estimated fair value of financial instruments that are not reported at fair value.


	December 31, 2017
	Carrying		Fair Value
(in millions)	Value		Level 1		Level 2		Level 3		Total
Financial Assets
Mortgage loans, net	$	2,619	$	—	$	—	$	2,616	$	2,616
Policy loans		845		—		—		801		801
Other investments		408		—		373		36		409

Financial Liabilities
Policyholder account balances, future policy benefits and claims	$	10,246	$	—	$	—	$	10,755	$	10,755
Short-term borrowings		200		—		200		—		200
Other liabilities		123		—		—		119		119
Separate account liabilities at NAV		369								369	⁽¹⁾
	December 31, 2016
	Carrying		Fair Value
(in millions)	Value		Level 1		Level 2		Level 3		Total
Financial Assets
Mortgage loans, net	$	2,874	$	—	$	—	$	2,865	$	2,865
Policy loans		830		—		—		807		807
Other investments		402		—		364		43		407

Financial Liabilities
Policyholder account balances, future policy benefits and claims	$	10,906	$	—	$	—	$	11,417	$	11,417
Short-term borrowings		200		—		200		—		200
Other liabilities		177		—		—		169		169
Separate account liabilities at NAV		341								341	⁽¹⁾

⁽¹⁾	Amounts are comprised of certain financial instruments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient and have not been classified in the fair value hierarchy.

Mortgage Loans, Net

The fair value of commercial mortgage loans, except those with significant credit deterioration, is determined by discounting contractual cash flows using discount rates that reflect current pricing for loans with similar remaining maturities, liquidity and characteristics including LTV ratio, occupancy rate, refinance risk, debt service coverage, location, and property condition. For commercial mortgage loans with significant credit deterioration, fair value is determined using the same adjustments as above with an additional adjustment for the Company’s estimate of the amount recoverable on the loan. Given the significant unobservable inputs to the valuation of commercial mortgage loans, these measurements are classified as Level 3.

The fair value of residential mortgage loans as of December 31, 2016 is determined by discounting estimated cash flows and incorporating adjustments for prepayment, administration expenses, loss severity and credit loss estimates, with discount rates based on the Company’s estimate of current market conditions. Given the significant unobservable inputs to the valuation of residential mortgage loans as of December 31, 2016, these measurements are classified as Level 3.

Policy Loans

Policy loans represent loans made against the cash surrender value of the underlying life insurance or annuity product. These loans and the related interest are usually realized at death of the policyholder or contractholder or at surrender of the contract and are not transferable without the underlying insurance or annuity contract. The fair value of policy loans is determined by estimating expected cash flows discounted at rates based on the U.S. Treasury curve. Policy loans are classified as Level 3 as the discount rate used may be adjusted for the underlying performance of individual policies.

F-34

RiverSource Life Insurance Company

Other Investments

Other investments primarily consist of syndicated loans and an investment in FHLB. The fair value of syndicated loans is obtained from a third-party pricing service or non-binding broker quotes. Syndicated loans that are priced using a market approach with observable inputs are classified as Level 2 and syndicated loans priced using a single non-binding broker quote are classified as Level 3. The fair value of the investment in FHLB is approximated by the carrying value and classified as Level 3 due to restrictions on transfer and lack of liquidity in the primary market for this asset.

Policyholder Account Balances, Future Policy Benefits and Claims

The fair value of fixed annuities in deferral status is determined by discounting cash flows using a risk neutral discount rate with adjustments for profit margin, expense margin, early policy surrender behavior, a margin for adverse deviation from estimated early policy surrender behavior and the Company’s nonperformance risk specific to these liabilities. The fair value of non-life contingent fixed annuities in payout status, indexed annuity host contracts and the fixed portion of a small number of variable annuity contracts classified as investment contracts is determined in a similar manner. Given the use of significant unobservable inputs to these valuations, the measurements are classified as Level 3.

Short-term Borrowings

The fair value of short-term borrowings is obtained from a third-party pricing service. A nonperformance adjustment is not included as collateral requirements for these borrowings minimize the nonperformance risk. The fair value of short-term borrowings is classified as Level 2.

Other Liabilities

Other liabilities consist of future funding commitments to affordable housing partnerships and other real estate partnerships. The fair value of these future funding commitments is determined by discounting cash flows. The fair value of these commitments includes an adjustment for the Company’s nonperformance risk and is classified as Level 3 due to the use of the significant unobservable input.

Separate Account Liabilities

Certain separate account liabilities are classified as investment contracts and are carried at an amount equal to the related separate account assets. The NAV of the related separate account assets is used as a practical expedient for fair value and represents the exit price for the separate account liabilities. Separate account liabilities are excluded from classification in the fair value hierarchy.

14. RELATED PARTY TRANSACTIONS

CMIA is the investment advisor for the proprietary mutual funds used as investment options by the Company’s variable annuity contractholders and variable life insurance policyholders. The Company provides distribution and certain administrative services on behalf of CMIA and is compensated for the services it provides. For the years ended December 31, 2017, 2016 and 2015, the Company earned $322 million, $313 million and $311 million, respectively, from CMIA for these services.

Columbia Management Investment Distributors, Inc. (“CMID”), an affiliate of the Company, is the principal underwriter and distributor for the proprietary mutual funds used as investment options by the Company’s variable annuity contractholders and variable life insurance policyholders. The Company provides certain administrative services to assist in the promotion, distribution and account servicing of shares of the portfolios of the Company’s variable products and is compensated for providing these services. For the years ended December 31, 2017, 2016 and 2015, the Company earned $167 million, $158 million and $162 million, respectively, from CMID for these services.

Columbia Management Investment Services Corp. (“CMIS”), an affiliate of the Company, is the transfer agent that processes transactions related to the Company’s variable products. The Company provides administrative services related to these transactions and is compensated for providing these services. For the years ended December 31, 2017, 2016 and 2015, the Company earned $42 million, $40 million and $41 million, respectively, from CMIS for these services.

Charges by Ameriprise Financial and affiliated companies to the Company for use of joint facilities, technology support, marketing services and other services aggregated $390 million, $400 million and $437 million for the years ended December 31, 2017, 2016 and 2015, respectively. Certain of these costs are included in DAC. Expenses allocated to the Company may not be reflective of expenses that would have been incurred by the Company on a stand-alone basis.

Dividends paid and received by RiverSource Life Insurance Company were as follows:


	Years Ended December 31,
(in millions)	2017		2016		2015
Cash dividends paid to Ameriprise Financial	$	700	$	1,000	$	800
Cash dividends received from RiverSource Life of NY		50		50		25
Cash dividend received from RTA		20		15		—
Cash dividend received from RiverSource REO 1, LLC ⁽¹⁾		—		31		—

⁽¹⁾	RiverSource REO 1, LLC is a wholly owned subsidiary of RiverSource Life Insurance Company which holds foreclosed mortgage loans and real estate.

F-35

RiverSource Life Insurance Company

On February 20, 2018, the Company’s board of directors declared a cash dividend of $200 million to Ameriprise Financial, payable on or before March 22, 2018, pending approval by the Minnesota Department of Commerce.

For dividends from the life insurance companies, advance notification was provided to state insurance regulators prior to all dividend payments. See Note 15 for additional information.

The Company’s taxable income is included in the consolidated federal income tax return of Ameriprise Financial. The net amount due to Ameriprise Financial for federal income taxes was $105 million and $168 million as of December 31, 2017 and 2016, respectively, which is reflected in Other, net within operating activities on the Consolidated Statements of Cash Flows.

15. REGULATORY REQUIREMENTS

The National Association of Insurance Commissioners (“NAIC”) defines Risk-Based Capital (“RBC”) requirements for insurance companies. The RBC requirements are used by the NAIC and state insurance regulators to identify companies that merit regulatory actions designed to protect policyholders. These requirements apply to the Company. The Company has met its minimum RBC requirements.

Insurance companies are required to prepare statutory financial statements in accordance with the accounting practices prescribed or permitted by the insurance departments of their respective states of domicile, which vary materially from GAAP. Prescribed statutory accounting practices include publications of the NAIC, as well as state laws, regulations and general administrative rules. The more significant differences from GAAP include charging policy acquisition costs to expense as incurred, establishing annuity and insurance reserves using different actuarial methods and assumptions, valuing investments on a different basis and excluding certain assets from the balance sheet by charging them directly to surplus, such as a portion of the net deferred income tax assets.

RiverSource Life Insurance Company received approval from the Minnesota Department of Commerce to apply a permitted statutory accounting practice, effective July 1, 2017 through June 30, 2018, for certain derivative instruments used to economically hedge the interest rate exposure of certain variable annuity products that do not qualify for statutory hedge accounting. The permitted practice is intended to mitigate the impact to statutory surplus from the misalignment between variable annuity statutory reserves, which are not carried at fair value, and the fair value of derivatives used to economically hedge the interest rate exposure of non-life contingent living benefit guarantees. The permitted practice allows RiverSource Life Insurance Company to defer a portion of the change in fair value, net investment income and realized gains or losses generated from designated derivatives to the extent the amounts do not offset the current period interest-rate related change in the variable annuity statutory reserve liability. The deferred amount is amortized over ten years using the straight-line method with the ability to accelerate amortization at management’s discretion. There was no immediate impact to statutory surplus at the effective date for the permitted statutory accounting practice. As of December 31, 2017, application of this permitted practice resulted in a decrease to RiverSource Life Insurance Company’s statutory surplus of approximately $3 million.

State insurance statutes contain limitations as to the amount of dividends that insurers may make without providing prior notification to state regulators. For RiverSource Life Insurance Company, dividends in excess of unassigned surplus, as determined in accordance with accounting practices prescribed by the State of Minnesota, require advance notice to the Minnesota Department of Commerce, RiverSource Life Insurance Company’s primary regulator, and are subject to potential disapproval. RiverSource Life Insurance Company’s statutory unassigned surplus (deficit) aggregated $(306) million and $275 million as of December 31, 2017 and 2016, respectively.

In addition, dividends whose fair market value, together with that of other dividends made within the preceding 12 months, exceeds the greater of the previous year’s statutory net gain from operations or 10% of the previous year-end statutory capital and surplus are referred to as “extraordinary dividends.” Extraordinary dividends also require advance notice to the Minnesota Department of Commerce, and are subject to potential disapproval. Statutory capital and surplus was $2.4 billion and $3.0 billion as of December 31, 2017 and 2016, respectively.

Statutory net gain from operations and net income (loss) are summarized as follows:


	Years Ended December 31,
(in millions)	2017		2016		2015
Statutory net gain from operations	$	958	$	834	$	1,033
Statutory net income (loss)		222		322		633

Government debt securities of $4 million as of both December 31, 2017 and 2016 were on deposit with various states as required by law.

F-36

RiverSource Life Insurance Company

16. OFFSETTING ASSETS AND LIABILITIES

Certain financial instruments and derivative instruments are eligible for offset in the Consolidated Balance Sheets. The Company’s derivative instruments and repurchase agreements are subject to master netting arrangements and collateral arrangements and qualify for offset. A master netting arrangement with a counterparty creates a right of offset for amounts due to and from that same counterparty that is enforceable in the event of a default or bankruptcy. The Company’s policy is to recognize amounts subject to master netting arrangements on a gross basis in the Consolidated Balance Sheets.

The following tables present the gross and net information about the Company’s assets subject to master netting arrangements:


	December 31, 2017
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Assets Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets									Net Amount
(in millions)	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets				Financial Instruments⁽¹⁾			Cash Collateral			Securities Collateral			Net Amount

Derivatives:
OTC	$	3,440	$	—	$	3,440	$	(2,599	)	$	(736	)	$	(88	)	$	17
OTC cleared		21		—		21		(15	)		—			—			6
Exchange-traded		22		—		22		(1	)		—			—			21
Total derivatives	$	3,483	$	—	$	3,483	$	(2,615	)	$	(736	)	$	(88	)	$	44


	December 31, 2016
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Assets Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets									Net Amount
(in millions)	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets				Financial Instruments⁽¹⁾			Cash Collateral			Securities Collateral			Net Amount

Derivatives:
OTC	$	2,822	$	—	$	2,822	$	(2,161	)	$	(374	)	$	(235	)	$	52
OTC cleared		510		—		510		(507	)		(3	)		—			—
Exchange-traded		14		—		14		(2	)		—			—			12
Total derivatives	$	3,346	$	—	$	3,346	$	(2,670	)	$	(377	)	$	(235	)	$	64

⁽¹⁾	Represents the amount of assets that could be offset by liabilities with the same counterparty under master netting or similar arrangements that management elects not to offset on the Consolidated Balance Sheets.

The following tables present the gross and net information about the Company’s liabilities subject to master netting arrangements:


	December 31, 2017
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Liabilities Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets									Net Amount
(in millions)	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheets				Financial Instruments⁽¹⁾			Cash Collateral			Securities Collateral			Net Amount

Derivatives:
OTC	$	3,095	$	—	$	3,095	$	(2,599	)	$	(1	)	$	(492	)	$	3
OTC cleared		15		—		15		(15	)		—			—			—
Exchange-traded		1		—		1		(1	)		—			—			—
Total derivatives		3,111		—		3,111		(2,615	)		(1	)		(492	)		3
Repurchase agreements		50		—		50		—			—			(50	)		—
Total	$	3,161	$	—	$	3,161	$	(2,615	)	$	(1	)	$	(542	)	$	3

F-37

RiverSource Life Insurance Company


	December 31, 2016
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheets		Amounts of Liabilities Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets									Net Amount
(in millions)	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Consolidated Balance Sheets				Financial Instruments⁽¹⁾			Cash Collateral			Securities Collateral			Net Amount

Derivatives:
OTC	$	2,481	$	—	$	2,481	$	(2,161	)	$	—		$	(312	)	$	8
OTC cleared		515		—		515		(507	)		(8	)		—			—
Exchange-traded		5		—		5		(2	)		—			—			3
Total derivatives		3,001		—		3,001		(2,670	)		(8	)		(312	)		11
Repurchase agreements		50		—		50		—			—			(50	)		—
Total	$	3,051	$	—	$	3,051	$	(2,670	)	$	(8	)	$	(362	)	$	11

⁽¹⁾	Represents the amount of liabilities that could be offset by assets with the same counterparty under master netting or similar arrangements that management elects not to offset on the Consolidated Balance Sheets.

In the tables above, the amounts of assets or liabilities presented are offset first by financial instruments that have the right of offset under master netting or similar arrangements, then any remaining amount is reduced by the amount of cash and securities collateral. The actual collateral may be greater than amounts presented in the tables.

When the fair value of collateral accepted by the Company is less than the amount due to the Company, there is a risk of loss if the counterparty fails to perform or provide additional collateral. To mitigate this risk, the Company monitors collateral values regularly and requires additional collateral when necessary. When the value of collateral pledged by the Company declines, it may be required to post additional collateral.

Freestanding derivative instruments are reflected in other assets and other liabilities. Cash collateral pledged by the Company is reflected in other assets and cash collateral accepted by the Company is reflected in other liabilities. Repurchase agreements are reflected in short-term borrowings. See Note 17 for additional disclosures related to the Company’s derivative instruments and Note 12 for additional disclosures related to the Company’s repurchase agreements.

17. DERIVATIVES AND HEDGING ACTIVITIES

Derivative instruments enable the Company to manage its exposure to various market risks. The value of such instruments is derived from an underlying variable or multiple variables, including equity and interest rate indices or prices. The Company primarily enters into derivative agreements for risk management purposes related to the Company’s products and operations.

The Company’s freestanding derivative instruments are all subject to master netting arrangements. The Company’s policy on the recognition of derivatives on the Consolidated Balance Sheets is to not offset fair value amounts recognized for derivatives and collateral arrangements executed with the same counterparty under the same master netting arrangement. See Note 16 for additional information regarding the estimated fair value of the Company’s freestanding derivatives after considering the effect of master netting arrangements and collateral.

The Company uses derivatives as economic hedges and accounting hedges. The following table presents the notional value and gross fair value of derivative instruments, including embedded derivatives:


	December 31, 2017							December 31, 2016
	Notional		Gross Fair Value					Notional		Gross Fair Value
(in millions)	Notional		Assets⁽¹⁾		Liabilities⁽²⁾			Notional		Assets⁽¹⁾		Liabilities⁽²⁾
Derivatives not designated as hedging instruments
Interest rate contracts	$	64,790	$	1,081	$	415		$	71,019	$	1,735	$	965
Equity contracts		56,649		2,367		2,671			60,419		1,530		1,989
Credit contracts		715		—		2			1,039		1		—
Foreign exchange contracts		3,996		35		23			4,494		80		47
Other contracts		450		—		—			240		—		—
Total non-designated hedges		126,600		3,483		3,111			137,211		3,346		3,001
Embedded derivatives
GMWB and GMAB⁽³⁾		N/A		—		(49	)		N/A		—		614
IUL		N/A		—		601			N/A		—		464
Indexed annuities		N/A		—		5			N/A		—		5
Total embedded derivatives		N/A		—		557			N/A		—		1,083
Total derivatives	$	126,600	$	3,483	$	3,668		$	137,211	$	3,346	$	4,084

N/A Not applicable.

⁽¹⁾	The fair value of freestanding derivative assets is included in Other assets on the Consolidated Balance Sheets.

F-38

RiverSource Life Insurance Company

⁽²⁾

The fair value of freestanding derivative liabilities is included in Other liabilities on the Consolidated Balance Sheets. The fair value of GMWB and GMAB, IUL, and indexed annuity embedded derivatives is included in Policyholder account balances, future policy benefits and claims on the Consolidated Balance Sheets.

⁽³⁾

The fair value of the GMWB and GMAB embedded derivatives as of December 31, 2017 included $443 million of individual contracts in a liability position and $492 million of individual contracts in an asset position. The fair value of the GMWB and GMAB embedded derivatives as of December 31, 2016 included $880 million of individual contracts in a liability position and $266 million of individual contracts in an asset position.

See Note 13 for additional information regarding the Company’s fair value measurement of derivative instruments.

As of December 31, 2017 and 2016, investment securities with a fair value of $89 million and $235 million, respectively, were received as collateral to meet contractual obligations under derivative contracts, of which $89 million and $118 million, respectively, may be sold, pledged or rehypothecated by the Company. As of December 31, 2017 and 2016, the Company had sold, pledged, or rehypothecated nil and $19 million, respectively, of these securities. In addition, as of December 31, 2017 and 2016, non-cash collateral accepted was held in separate custodial accounts and was not included in the Company’s Consolidated Balance Sheets.

The following table presents a summary of the impact of derivatives not designated as hedging instruments, including embedded derivatives, on the Consolidated Statements of Income:


(in millions)	Interest Credited to Fixed Accounts			Benefits, Claims, Losses and Settlement Expenses
Year Ended December 31, 2017
Interest rate contracts	$	—		$	3
Equity contracts		75			(1,006	)
Credit contracts		—			(22	)
Foreign exchange contracts		—			(23	)
Other contracts		—			(2	)
GMWB and GMAB embedded derivatives		—			663
IUL embedded derivatives		(45	)		—
Total gain (loss)	$	30		$	(387	)
Year Ended December 31, 2016
Interest rate contracts	$	—		$	38
Equity contracts		20			(857	)
Credit contracts		—			2
Other contracts		—			(2	)
GMWB and GMAB embedded derivatives		—			237
IUL embedded derivatives		15			—
Total gain (loss)	$	35		$	(582	)
Year Ended December 31, 2015
Interest rate contracts	$	—		$	232
Equity contracts		(10	)		(308	)
Credit contracts		—			(1	)
Foreign exchange contracts		—			13
Other contracts		—			(1	)
GMWB and GMAB embedded derivatives		—			(372	)
IUL embedded derivatives		(8	)		—
Indexed annuity embedded derivatives		1			—
Total gain (loss)	$	(17	)	$	(437	)

The Company holds derivative instruments that either do not qualify or are not designated for hedge accounting treatment. These derivative instruments are used as economic hedges of equity, interest rate, credit and foreign currency exchange rate risk related to various products and transactions of the Company.

Certain annuity contracts contain GMWB or GMAB provisions, which guarantee the right to make limited partial withdrawals each contract year regardless of the volatility inherent in the underlying investments or guarantee a minimum accumulation value of consideration received at the beginning of the contract period, after a specified holding period, respectively. The GMAB and non-life contingent GMWB provisions are considered embedded derivatives, which are bifurcated from their host contracts for valuation purposes and reported on the Consolidated Balance Sheets at fair value with changes in fair value reported in earnings. The Company economically hedges the exposure related to GMAB and non-life contingent GMWB provisions primarily using futures, options, interest rate swaptions, interest rate swaps, total return swaps and variance swaps.

F-39

RiverSource Life Insurance Company

The deferred premium associated with certain of the above options and swaptions is paid or received semi-annually over the life of the contract or at maturity. The following is a summary of the payments the Company is scheduled to make and receive for these options and swaptions as of December 31, 2017:


(in millions)	Premiums Payable		Premiums Receivable
2018	$	213	$	129
2019		276		170
2020		198		98
2021		168		107
2022		231		147
2023-2026		472		59
Total	$	1,558	$	710

Actual timing and payment amounts may differ due to future settlements, modifications or exercises of the contracts prior to the full premium being paid or received.

The Company has a macro hedge program to provide protection against the statutory tail scenario risk arising from variable annuity reserves on its statutory surplus and to cover some of the residual risks not covered by other hedging activities. As a means of economically hedging these risks, the Company uses a combination of futures, options, swaps and swaptions. Certain of the macro hedge derivatives contain settlement provisions linked to both equity returns and interest rates. The Company’s macro hedge derivatives that contain settlement provisions linked to both equity returns and interest rates are shown in Other contracts in the tables above.

Indexed annuity and IUL products have returns tied to the performance of equity markets. As a result of fluctuations in equity markets, the obligation incurred by the Company related to indexed annuity and IUL products will positively or negatively impact earnings over the life of these products. The equity component of indexed annuity and IUL product obligations are considered embedded derivatives, which are bifurcated from their host contracts for valuation purposes and reported on the Consolidated Balance Sheets at fair value with changes in fair value reported in earnings. As a means of economically hedging its obligations under the provisions of these products, the Company enters into index options and futures contracts.

Cash Flow Hedges

During the year ended December 31, 2017, the Company held no derivatives that were designated as cash flow hedges. As of December 31, 2017, the Company expects to reclassify $2 million of deferred losses on derivative instruments from AOCI to earnings during the next 12 months that will be recorded in net investment income. These were originally losses on derivative instruments related to interest rate swaptions. During the years ended December 31, 2017 and 2016, no hedge relationships were discontinued due to forecasted transactions no longer being expected to occur according to the original hedge strategy. For the years ended December 31, 2017, 2016 and 2015, amounts recognized in earnings on derivative transactions that were ineffective were not material. See Note 18 for a summary of net unrealized gains (losses) included in AOCI related to previously designated cash flow hedges.

Currently, the longest period of time over which the Company is hedging exposure to the variability in future cash flows is one year and relates to interest credited on forecasted fixed premium product sales.

Credit Risk

Credit risk associated with the Company’s derivatives is the risk that a derivative counterparty will not perform in accordance with the terms of the applicable derivative contract. To mitigate such risk, the Company has established guidelines and oversight of credit risk through a comprehensive enterprise risk management program that includes members of senior management. Key components of this program are to require preapproval of counterparties and the use of master netting and collateral arrangements whenever practical. See Note 16 for additional information on the Company’s credit exposure related to derivative assets.

Certain of the Company’s derivative contracts contain provisions that adjust the level of collateral the Company is required to post based on the Company’s financial strength rating (or based on the debt rating of the Company’s parent, Ameriprise Financial). Additionally, certain of the Company’s derivative contracts contain provisions that allow the counterparty to terminate the contract if the Company does not maintain a specific financial strength rating or Ameriprise Financial’s debt does not maintain a specific credit rating (generally an investment grade rating). If these termination provisions were to be triggered, the Company’s counterparty could require immediate settlement of any net liability position. As of December 31, 2017 and 2016, the aggregate fair value of derivative contracts in a net liability position containing such credit contingent provisions was $299 million and $206 million, respectively. The aggregate fair value of assets posted as collateral for such instruments as of December 31, 2017 and 2016 was $296 million and $198 million, respectively. If the credit contingent provisions of derivative contracts in a net liability position as of December 31, 2017 and 2016 were triggered, the aggregate fair value of additional assets that would be required to be posted as collateral or needed to settle the instruments immediately would have been $3 million and $8 million, respectively.

F-40

RiverSource Life Insurance Company

18. SHAREHOLDER’S EQUITY

The following tables provide the amounts related to each component of OCI:


	Years Ended December 31, 2017
(in millions)	Pretax			Income Tax Benefit (Expense)			Net of Tax
Net unrealized securities gains (losses):
Net unrealized securities gains (losses) arising during the period⁽¹⁾	$	210		$	(61	)	$	149
Reclassification of net securities (gains) losses included in net income⁽²⁾		(44	)		15			(29	)
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables		(180	)		57			(123	)
Net unrealized securities gains (losses)		(14	)		11			(3	)
Net unrealized derivatives gains (losses):
Reclassification of net derivative (gains) losses included in net income⁽³⁾		5			(2	)		3
Net unrealized derivatives gains (losses)		5			(2	)		3
Other		(1	)		—			(1	)
Total other comprehensive income (loss)	$	(10	)	$	9		$	(1	)

	Years Ended December 31, 2016
(in millions)	Pretax			Income Tax Benefit (Expense)			Net of Tax
Net unrealized securities gains (losses):
Net unrealized securities gains (losses) arising during the period⁽¹⁾	$	350		$	(124	)	$	226
Reclassification of net securities (gains) losses included in net income⁽²⁾		(17	)		6			(11	)
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables		(242	)		85			(157	)
Net unrealized securities gains (losses)		91			(33	)		58
Net unrealized derivatives gains (losses):
Reclassification of net derivative (gains) losses included in net income⁽³⁾		6			(2	)		4
Net unrealized derivatives gains (losses)		6			(2	)		4
Total other comprehensive income (loss)	$	97		$	(35	)	$	62

	Years Ended December 31, 2015
(in millions)	Pretax			Income Tax Benefit (Expense)			Net of Tax
Net unrealized securities gains (losses):
Net unrealized securities gains (losses) arising during the period⁽¹⁾	$	(997	)	$	351		$	(646	)
Reclassification of net securities (gains) losses included in net income⁽²⁾		(6	)		2			(4	)
Impact of DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables		480			(168	)		312
Net unrealized securities gains (losses)		(523	)		185			(338	)
Net unrealized derivatives gains (losses):
Reclassification of net derivative (gains) losses included in net income⁽³⁾		6			(2	)		4
Net unrealized derivatives gains (losses)		6			(2	)		4
Total other comprehensive income (loss)	$	(517	)	$	183		$	(334	)

⁽¹⁾	Includes other-than-temporary impairment losses on Available-for-Sale securities related to factors other than credit that were recognized in other comprehensive income (loss) during the period.

⁽²⁾	Reclassification amounts are recorded in net realized investment gains (losses).

⁽³⁾	Reclassification amounts are recorded in net investment income.

Other comprehensive income (loss) related to net unrealized securities gains (losses) includes three components: (i) unrealized gains (losses) that arose from changes in the market value of securities that were held during the period; (ii) (gains) losses that were previously unrealized, but have been recognized in current period net income due to sales of Available-for-Sale securities and due to the reclassification of noncredit other-than-temporary impairment losses to credit losses; and (iii) other adjustments primarily consisting of changes in insurance and annuity asset and liability balances, such as DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables, to reflect the expected impact on their carrying values had the unrealized gains (losses) been realized as of the respective balance sheet dates.

F-41

RiverSource Life Insurance Company

The following table presents the changes in the balances of each component of AOCI, net of tax:


(in millions)	Net Unrealized Securities Gains (Losses)			Net Unrealized Derivatives Gains			Other			Total
Balance, January 1, 2015	$	741		$	(12	)	$	—		$	729
OCI before reclassifications		(334	)		—			—			(334	)
Amounts reclassified from AOCI		(4	)		4			—			—
Total OCI		(338	)		4			—			(334	)
Balance, December 31, 2015		403	⁽¹⁾		(8	)		—			395
OCI before reclassifications		69			—			—			69
Amounts reclassified from AOCI		(11	)		4			—			(7	)
Total OCI		58			4			—			62
Balance, December 31, 2016		461	⁽¹⁾		(4	)		—			457
OCI before reclassifications		26			—			(1	)		25
Amounts reclassified from AOCI		(29	)		3			—			(26	)
Total OCI		(3	)		3			(1	)		(1	)
Balance, December 31, 2017	$	458	⁽¹⁾	$	(1	)	$	(1	)	$	456

⁽¹⁾	Includes nil, nil and $2 million of noncredit related impairments on securities and net unrealized securities losses on previously impaired securities at December 31, 2017, 2016 and 2015, respectively.

19. INCOME TAXES

The components of income tax provision were as follows:


	Years Ended December 31,
(in millions)	2017			2016			2015
Current income tax
Federal	$	158		$	18		$	234
State		1			1			2
Total current income tax		159			19			236
Deferred income tax
Federal		103			6			(91	)
State		(2	)		(1	)		—
Total deferred income tax		101			5			(91	)
Total income tax provision	$	260		$	24		$	145

On December 22, 2017, the Tax Act was signed into law. The provision for income taxes for the year ended December 31, 2017 includes an expense of $140 million due to the enactment of the Tax Act. The $140 million expense includes a $136 million expense for the remeasurement of deferred tax assets and liabilities to the Tax Act’s statutory rate of 21% and a $4 million expense for the remeasurement of tax contingencies, specifically state tax contingencies and interest accrued for tax contingencies.

The Company considers the expenses related to the remeasurement of deferred tax assets and liabilities to be provisional amounts based on reasonable estimates as discussed below.

The principal reasons that the aggregate income tax provision is different from that computed by using the U.S. statutory rate of 35% were as follows:


	Years Ended December 31,
	2017			2016			2015
Tax at U.S. statutory rate		35.0	%		35.0	%		35.0	%
Changes in taxes resulting from:
Impact of Tax Act		14.0			—			—
Dividend received deduction		(12.9	)		(17.1	)		(14.0	)
Low income housing tax credits		(7.4	)		(9.4	)		(6.1	)
Foreign tax credit, net of addback		(2.7	)		(3.8	)		—
Taxes applicable to prior years		—			(2.0	)		—
Other, net		—			0.7			(0.9	)
Income tax provision		26.0	%		3.4	%		14.0	%

F-42

RiverSource Life Insurance Company

The effective tax rates are lower than the statutory rate as a result of tax preferred items including the dividends received deduction and low income housing credits. The increase in the effective tax rate for the year ended December 31, 2017 compared to 2016 was primarily due to a $140 million expense in 2017 due to provisions of the Tax Act, including remeasurement of net deferred tax assets and remeasurement of tax contingencies. The decrease in the effective tax rate for the year ended December 31, 2016 compared to 2015 was primarily due to lower pretax income in relation to preferred items including the dividends received deduction and low income housing tax credits.

As of December 31, 2017, the Company had not fully completed its accounting for the tax effects of the enactment of the Tax Act; however, the Company is able to provide reasonable estimates of the Tax Act’s impact. The Company’s provision for income taxes for the year ended December 31, 2017 is based in part on a reasonable estimate of the remeasurement of deferred tax assets and liabilities under the Tax Act. The Company recognized a provisional tax amount of $140 million, which is included as a component of provision for income taxes from continuing operations. The Company considers the accounting for the Tax Act’s expense related to the remeasurement of tax contingencies to be final and complete. The Company recorded a provisional tax amount of $136 million to remeasure certain deferred tax assets and liabilities as a result of the enactment of the Tax Act. The Company is still analyzing certain aspects of the Tax Act and is refining the estimate of the expected reversal of its deferred tax balances. This can potentially affect the measurement of these balances or give rise to new deferred tax amounts. In addition, further guidance from federal and state taxing authorities may change the provisional tax liability or the accounting treatment of the provisional tax liability.

Deferred income tax assets and liabilities result from temporary differences between the assets and liabilities measured for GAAP reporting versus income tax return purposes. Deferred income tax assets and liabilities are measured at 21% as of December 31, 2017 and 35% as of December 31, 2016. The significant components of the Company’s deferred income tax assets and liabilities, which are included net within other assets or other liabilities on the Consolidated Balance Sheets, were as follows:


	December 31,
(in millions)	2017		2016
Deferred income tax assets
Liabilities for policyholder account balances, future policy benefits and claims	$	599	$	1,144
Investment related		251		236
Other		29		13
Gross deferred income tax assets		879		1,393
Less: valuation allowance		11		8
Total deferred income tax assets		868		1,385
Deferred income tax liabilities
Deferred acquisition costs		431		695
Net unrealized gains on Available-for-Sale securities		150		251
Deferred sales inducement costs		62		113
Depreciation		13		23
Other		1		—
Gross deferred income tax liabilities		657		1,082
Net deferred income tax assets	$	211	$	303

Included in the Company’s deferred income tax assets are tax benefits related to state net operating losses of $9 million, net of federal benefit, which will expire beginning December 31, 2018. Based on analysis of the Company’s tax position, management believes it is more likely than not that the Company will not realize certain state deferred tax assets, primarily state net operating losses and therefore a valuation allowance of $11 million has been established.

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits was as follows:


(in millions)	2017			2016			2015
Balance at January 1	$	59		$	95		$	160
Additions based on tax positions related to the current year		5			6			11
Additions for tax positions of prior years		—			31			29
Reductions for tax positions of prior years		(50	)		(68	)		(105	)
Settlements		—			(5	)		—
Balance at December 31	$	14		$	59		$	95

If recognized, approximately $5 million, $6 million and $9 million, net of federal tax benefits, of unrecognized tax benefits as of December 31, 2017, 2016 and 2015, respectively, would affect the effective tax rate.

F-43

RiverSource Life Insurance Company

It is reasonably possible that the total amounts of unrecognized tax benefits will change in the next 12 months. Based on the current audit position of the Company, it is estimated that the total amount of gross unrecognized tax benefits may decrease by $9 million to $10 million in the next 12 months due to Internal Revenue Service (“IRS”) settlements and state exams.

The Company recognizes interest and penalties related to unrecognized tax benefits as a component of the income tax provision. The Company recognized a net decrease of $1 million, a net decrease of $39 million, and a net increase of $1 million in interest and penalties for the years ended December 31, 2017, 2016 and 2015, respectively. As of December 31, 2017 and 2016, the Company had a payable of $1 million and $2 million, respectively, related to accrued interest and penalties.

The Company or one or more of its subsidiaries files income tax returns as part of its inclusion in the consolidated federal income tax returns of Ameriprise Financial in the U.S. federal jurisdiction and various state jurisdictions. In the third quarter of 2017, the Company received final cash settlements for resolution of the 2006 and 2011 audits. The IRS has completed its examination of the 2008 through 2010 tax returns, and these years are effectively settled; however, the statutes of limitation, remain open for certain carryover adjustments. The IRS is currently auditing the Company’s U.S. income tax returns for 2012 through 2015. The Company’s or certain of its subsidiaries’ state income tax returns are currently under examination by various jurisdictions for years ranging from 2011 through 2015.

20. COMMITMENTS, GUARANTEES AND CONTINGENCIES

Commitments

The following table presents the Company’s funding commitments as of December 31:


(in millions)	2017		2016
Commercial mortgage loans	$	31	$	68
Residential mortgage loans		—		185
Affordable housing and other real estate partnerships		123		177
Total funding commitments	$	154	$	430

The decrease in residential mortgage loan funding commitments as of December 31, 2017 compared to the prior year is primarily due to the sale of loans. See Note 6 for additional information.

Guarantees

The Company’s annuity and life products all have minimum interest rate guarantees in their fixed accounts. As of December 31, 2017, these guarantees range from 1% to 5%.

Contingencies

RiverSource Life Insurance Company and RiverSource Life of NY are required by law to be a member of the guaranty fund association in every state where they are licensed to do business. In the event of insolvency of one or more unaffiliated insurance companies, the Company could be adversely affected by the requirement to pay assessments to the guaranty fund associations.

The Company projects its cost of future guaranty fund assessments based on estimates of insurance company insolvencies provided by the National Organization of Life and Health Insurance Guaranty Associations (“NOLHGA”) and the amount of its premiums written relative to the industry-wide premium in each state. The Company accrues the estimated cost of future guaranty fund assessments when it is considered probable that an assessment will be imposed, the event obligating the Company to pay the assessment has occurred and the amount of the assessment can be reasonably estimated.

The Company has a liability for estimated guaranty fund assessments and a related premium tax asset. As of December 31, 2017 and 2016, the estimated liability was $14 million and $16 million, respectively, and the related premium tax asset was $12 million and $14 million, respectively. The expected period over which guaranty fund assessments will be made and the related tax credits recovered is not known.

Insurance companies have been the subject of increasing regulatory, legislative and judicial scrutiny. Numerous state and federal regulatory agencies have commenced examinations and other inquiries of insurance companies regarding sales and marketing practices (including sales to older consumers and disclosure practices), claims handling, and unclaimed property and escheatment practices and procedures. The Company has cooperated and will continue to cooperate with the applicable regulators.

The Company is involved in the normal course of business in a number of other legal and arbitration proceedings concerning matters arising in connection with the conduct of its business activities. The Company believes that it is not a party to, nor are any of its properties the subject of, any pending legal, arbitration or regulatory investigation, examination or proceeding that is likely to have a material adverse effect on its consolidated financial condition, results of operations or liquidity. Notwithstanding the foregoing, it is possible that the outcome of any current or future legal, arbitration or regulatory proceeding could have a material impact on results of operations in any particular reporting period as the proceedings are resolved.

Uncertain economic conditions, heightened and sustained volatility in the financial markets and significant financial reform legislation may increase the likelihood that clients and other persons or regulators may present or threaten legal claims or that regulators increase the scope or frequency of examinations of the Company or the insurance industry generally.

F-44

LOGO

RiverSource Life Insurance Company

70100 Ameriprise Financial Center

Minneapolis, MN 55474

1-800-862-7919

RiverSource Distributors, Inc. (Distributor), Member FINRA.

Issued by RiverSource Life Insurance Company, Minneapolis, Minnesota.

Affiliated with Ameriprise Financial Services, Inc.

S-6477 CD (4/18)