Company:  SCHWAB ANNUITY PORTFOLIOS
Form Type:  497
Filing Date:  7/2/2010 
CIK:  0000918266 
Address:  211 MAIN STREET 
City, State, Zip:  SAN FRANCISCO, California 94105 
Telephone:  1-800-648-5300 
Fiscal Year:  12/31 
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  FORM 497
    STATEMENT OF ADDITIONAL INFORMATION
      INVESTMENT OBJECTIVES, STRATEGIES, INVESTMENTS, RISKS AND ...
      MANAGEMENT OF THE PORTFOLIOS
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
        TRUSTEE OWNERSHIP
      CONTROL PERSONS AND PRINCIPAL HOLDERS OF SECURITIES
      INVESTMENT ADVISORY AND OTHER SERVICES
      PURCHASE, REDEMPTION, DELIVERY OF SHAREHOLDER DOCUMENTS
    APPENDIX A - RATINGS OF INVESTMENT SECURITIES
    APPENDIX B - DESCRIPTION OF PROXY VOTING POLICY AND PROCEDURES
      I. A Board of Directors That
      Audit Committees and Performance
      MUTUAL FUNDS: INVESTMENT POLICIES AND ADVISORY AGREEMENTS