Ameritas Variable Separate Account VA 2

08/02/2024 | Press release | Distributed by Public on 08/02/2024 13:49

Prospectus by Investment Company - Form 497

Ameritas Life Insurance Corp.

("Ameritas Life")

Ameritas Variable Separate Account VA-2

Supplement to:

Direction Variable Annuity

Prospectus Dated May 1, 2024

Supplement Dated August 2, 2024

Effective June 1, 2024, the following information replaces the existing disclosure relating to current expenses in APPENDIX A: PORTFOLIO COMPANIES AVAILABLE UNDER THE POLICY in your Policy prospectus for the respective portfolio:

Type / Investment Objective Portfolio Company and Adviser / Subadviser(s) Current
Expenses
Average Annual Total
Returns
as of 12/31/2023
1 year 5 year 10 year
Seeks investment results that correspond to the total return of common stocks publicly traded in the United States, as represented by the S&P 500® Index. 1 Fidelity® VIP Index 500 Portfolio, Service Class 2 3 0.34% 25.88% 15.27% 11.64%
Fidelity Management & Research Company LLC /
Geode Capital Management, LLC.
1 "Standard & Poor's®," "S&P®," "S&P 500®," "Standard & Poor's 500," and "500" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by us. The Product is not sponsored, endorsed, sold or promoted by Standard & Poor's® and Standard & Poor's® makes no representation regarding the advisability of investing in the Product. The Statement of Additional Information sets forth certain additional disclaimers and limitations of liabilities on behalf of Standard & Poor's® as set forth in the Licensing Agreement between us and Standard & Poor's®.
3 FIDELITY, Contrafund and Equity-Income are registered service marks of FMR LLC. Used with permission.
No changes to footnotes.

Current Expenses in the chart above have been restated to reflect the decrease effective June 1, 2024.

All other provisions remain as stated in your Policy and prospectus.

Please retain this Supplement with the current prospectus for your variable Policy with

Ameritas Life.

If you do not have a current prospectus, please contact Ameritas Life at 800-745-1112.

IN 2799 8-24