Retirement Income Choice® 1.5 Rider - DWS Investments

Additional informationFUNDS AVAILABLE IN DWS PERSONAL PENSION VARIABLE ANNUITYDWS Variable Series I(Class A)■■DWS Capital Growth VIP■■DWS Global Small CapGrowth VIPDWS Variable Series II(Class A)■■DWS Alternative AssetAllocation VIP■■DWS Dreman Small Mid CapValue VIP■■DWS Government & AgencySecurities VIP■■DWS High Income VIP■■DWS Large Cap Value VIP■■DWS Money Market VIP■■DWS Small Mid CapGrowth VIP■■DWS UnconstrainedIncome VIPTransamerica Series Trust(Initial Class)■■Transamerica Clarion GlobalReal Estate Securities VP■■Transamerica JPMorganCore Bond VP■■Transamerica MFSInternational Equity VP■■Transamerica Multi ManagedLarge Cap Core VP■■Transamerica PIMCO TotalReturn VPBefore investing, consider a variable annuity’s investment objectives, risks, charges, andexpenses. Call (855) 491-0751 or visit www.dws-investments.com/va for a prospectuscontaining this and other information. Please read it carefully.The investment options are subject to market fluctuation, investment risk, and possible loss of principal. The 5% growth rateapplies only to the Withdrawal Base (WB); it does not apply to policy value, optional death benefits, or other optional benefits.Growth does not apply in rider years in which a withdrawal is taken. The growth period will not reset with an automatic step-up.You must wait until the rider year after you turn age 59 to begin withdrawals permitted under the rider. If the rider is purchasedprior to age 59, however, the rider fee will still apply. On the maximum annuity commencement date, the rider terminates.By annuitizing the policy, you will have the option to receive lifetime payments that are no less than the rider withdrawal amount.Annuitization must generally occur by the annuitant’s age 95. The rider fee is deducted on each rider quarter in arrears.You have the right to reject an automatic step-up within 30 days following a rider anniversary, if the rider fee percentageincreases. If you reject an automatic step- up, you must notify us in a manner which is acceptable to us, however you are eligiblefor future automatic step-ups. Changes as a result of the automatic step-up feature will be reversed. Any increase in the rider feepercentage will also be reversed, and the WB will be set to the WB prior to the automatic step-up.If an excess withdrawal causes the policy value to reach zero, the rider and policy will terminate. Should your variable annuity’spolicy value fall to zero, you will receive payments equal to the rider withdrawal amount. Because the rider fee is a percentageof the WB, the amount of the fee will fluctuate as the WB increases or decreases. Even in the event your policy value declinessignificantly, the fee amount could be a much higher percentage of your policy value.Withdrawals of taxable amounts are subject to ordinary income taxes and, if taken prior to age 59½, a 10% federal taxpenalty may apply. For civil union partners, registered domestic partners, or other similar relationships as recognized by yourstate, please contact a qualified tax advisor prior to purchasing.There is an additional tax-deferral benefit derived from placing an IRA or other tax-qualified funds into an annuity. Featuresother than tax-deferral should be considered in the purchase of a qualified annuity.All policies, riders, and forms may vary by state, and may not be available in all states. RGMB 42 0511,RGMB 42 0511 (IS)(FL), RGMB 42 0511 (IJ)(FL), AV1114 101 185 104, AV1119 101 185 104, RGMB 42 0511(IS)(NY),RGMB 42 0511(IJ)(NY), AV1396 101 179 1003DWS Personal Pension Variable Annuity » 11