Transamerica Annuities

About Transamerica

Transamerica’s history began in 1906, when Amadeo P. Giannini founded his first bank in San Francisco. In 1928, he consolidated this bank into what is now known as Bank of America. Within two decades of acquiring the Occidental Life Insurance Company, Giannini’s bank led the private banking sector.

In July of 1999, Transamerica became part of Aegon N.V., a top international financial organization. According to Transamerica, together they “serve 30.4 million customers in the U.S. and employ more than 22,000 people around the world.” Transamerica offers several annuity and life insurance options.

Credit Ratings

Independent credit rating agencies issue credit ratings for several life insurance and annuity companies. The ratings often indicate if a company is financially sound. This means that they are likely to uphold their end of an annuity contract.

Transamerica holds strong ratings from three of the most respected credit rating agencies in the country: AM Best, Moody’s and Standard & Poor’s Global.

Transamerica Financial Strength Ratings

Annuity Products Offered by Transamerica

As an annuity provider, Transamerica offers several kinds of annuities designed to either provide the potential for growth, provide a guaranteed rate of return or provide income for life.

Registered Index-Linked Annuities

Also known as structured annuities, registered index-linked annuities (RILAs) are long-term savings options. These annuities are tax-deferred and provide more room for potential growth than a fixed-indexed annuity, with less risk than a variable annuity. They offer downside protection against volatile markets, low interest rates and high inflation.

Tax-deferred growth opportunities are available through a diverse range of indexes, including the S&P 500, and these RILAs include buffers to protect the principal invested from negative market performance. Transamerica offers no explicit fees options in some RILAs, providing a low-cost investment.

Transamerica RILA Products:

• Transamerica Structured Index Advantage℠ Annuity

Variable Annuities

A variable annuity grows in value over an accumulation period based on market performance. The wide range of investment options available, including bond and stock options, make variable annuities a way to expand your retirement investments and tailor your financial planning or investments to meet your specific needs.

The value of the annuity is linked to an investment portfolio and market performance, so there is some risk that it could fluctuate in challenging market years. Therefore, variable annuities are often options for investors who can recover from some market risk when aiming for potentially higher returns over the long term.

Transamerica Variable Annuity Products:

Transamerica B-Share Variable Annuity

Seven-year surrender charge schedule

Transamerica I-Share II Variable Annuity

No surrender charge

Transamerica Axiom℠ III Variable Annuity

Five-year surrender charge schedule

Transamerica Principium℠ IV Variable Annuity

Five-year surrender charge schedule

The four variable annuity products have a minimum initial premium of $1,000 (qualified) and $5,000 (non-qualified). Transamerica offers an in-depth analysis of each variable annuity product.

Additional Living Benefits/Riders

Living benefit riders are available at an additional annual cost and ensure a defined payout while the policyholder is still alive. Some types of living benefits guarantee the policyholder’s principal while others guarantee a certain rate of growth if specific conditions are met. The two riders are available for variable annuity customers.

Transamerica Living Benefit Products:

• Transamerica Principal Optimizer℠
• Transamerica Income Edge℠ 1.2

Client Resources

Customers of Transamerica Annuity can log in to their accounts online with their customer number and/or username and password.

For website help or questions about products and services, Transamerica can be reached via their online Customer Service portal or through the phone.