The Power of Income for Life
Preparing for retirement means being ready for whatever comes your way financially. Annuities are a great tool to help you prepare, and adding an optional living benefit that can address specific needs, including the ability to create an income stream for life that cannot be outlived as long as no excess withdrawals are taken. Together, they provide protection against the unexpected.
Transamerica Principal Optimizer
Protection from market losses AND guaranteed future value? It’s possible … with Transamerica Principal Optimizer℠.
Available for an additional fee with a Transamerica variable annuity, Transamerica Principal Optimizer helps protect your principal and earnings from market losses, offers the potential for uncapped investment growth, and the freedom to invest 75% of premiums into any investment option available — including all equities.
Three reasons to love it
This optional living benefit offers the best of both worlds. It can help grow and protect retirement income no matter what happens in the markets, for lifetime income you can count on.
Transamerica Principal Optimizer offers 110% protection of principal and earnings growth from negative market returns on the 10-year offering (100% protection of principal and earnings growth on the 7-year product). Equity growth is uncapped no matter how much growth occurs.
With more than 70 diverse investment options (varying by product) from well-known managers, Transamerica Principal Optimizer provides the potential to increase the withdrawal base when investments perform well, or reset the guaranteed future value* to lock in investment growth. If an optional reset is elected, the waiting period will also reset.
The Transamerica Principal Optimizer strategy is straightforward, because there’s no need to overcomplicate things. Gains are credited daily, and dividends automatically reinvest into subaccount unit values on the base variable annuity policy.
Transamerica Principal Optimizer brochure
See how it works with this detailed brochure that covers withdrawal rates, investment options, the optional annual reset feature, and more.
Give Your Retirement an Edge with Lifetime Income and
Preparing for retirement is a lifelong mission and you deserve all the help you can get. An annuity could be an effective part of your retirement planning. And now, with Transamerica Income Edge℠ 1.2, a living benefit available with a Transamerica variable annuity, you can give your retirement planning an edge. Transamerica Income Edge 1.2 guarantees a steady, reliable income stream for life, even if the policy value falls to zero, and the flexibility of more than 70 investment options from well-known money managers.
Transamerica Income Edge 1.2
Tired of choosing between lifetime income or the freedom to invest your way? Have both with Transamerica Income Edge 1.2.
Available for an additional fee with a Transamerica variable annuity, Transamerica Income Edge 1.2 optional living benefit gives you the confidence that comes with income for life that will never be reduced, as long as no excess withdrawals are taken, and the flexibility to capitalize on up markets with the ability to invest in potentially high-growth stocks.
Three reasons to love it
This creative optional living benefit makes a difference. It offers the flexibility to grow your Withdrawal Base, which can mean more retirement income for you, and combines it with the assurance of lifetime income that will never be reduced.
Transamerica Income Edge 1.2 provides guaranteed lifetime income that can never run out or be reduced as long as withdrawals do not exceed withdrawal limits. Plus, there’s the opportunity for 8.05% single life or 7.55% joint life withdrawal rate at 65 if you wait until the 7th living benefit anniversary to take income, or if a step-up occurs on or after the 7th living benefit anniversary.
Enjoy the freedom to allocate 75% of initial and additional premium payments to a selection of more than 70 investment options from well-known money managers. Twenty-five percent of premiums are automatically invested in the Stable Account.
With lower-cost index investment options, competitive annual fees, and no mortality & expense risk & administrative charges on assets in the Stable Account, Transamerica Income Edge 1.2 is designed to add a cost-efficient edge to your retirement planning.
Transamerica Income Edge 1.2 brochure
See how it works with this detailed brochure that covers withdrawal rates, investment options, the income guarantee, and more.
Choose a Variable Annuity That’s Right for You
A variable annuity from Transamerica combines the flexibility and growth potential of professionally managed investment options with tax deferral and optional benefits. Tailor your retirement planning and investments to meet your unique needs and feel good about your financial future.
*The guaranteed future value is the policy value multiplied by the protection level percentage on the living benefit date. After the living benefit date, the guaranteed future value is increased by a percentage of subsequent payments multiplied by the protection level percentage and reduced for adjusted withdrawals.
Withdrawals of taxable amounts are subject to ordinary income tax and may be subject to a 10% additional federal tax if withdrawn before age 59½.
Before investing, consider a variable annuity’s investment objectives, risks, charges, and expenses. Go to transamerica.com for prospectuses containing this and other information. Please read carefully.
The Transamerica Principal OptimizerSM and the Transamerica Income EdgeSM 1.2 living benefits requires 25% of Policy Value to be allocated to the Stable Account and 75% of Policy Value to the Select and Flexible Investment Options.
The Stable Account is a fixed account option that is only available if you elect a living benefit. The guaranteed minimum interest rate is 0.25% for non-New York and 2.90% for New York.
All guarantees, including optional living benefits, are based on the claims-paying ability of the issuing insurance company.
The fee for Transamerica Principal Optimizer is 1.35%. Fee is deducted each benefit quarter in arrears as a percentage of the greater of the withdrawal base or the guaranteed future value. The fee will be deducted on a pro rata basis from the Select and Flexible Options at the end of each living benefit quarter and only deducted from the Stable Account if the other options are exhausted. For New York only, once the Select and Flexible Investment Options are exhausted, no living benefit fee will be deducted. Maximum living benefit fee is 2.50%.
The Transamerica Income Edge 1.2 fee of 1.45% single life and 1.55% joint life is a percentage of the Withdrawal Base and will be deducted on a pro rata basis from the Select and Flexible Options at the end of each living benefit quarter in arrears and only deducted from the Stable Account if the other options are exhausted.. In New York, once the Select and Flexible Investment Options are exhausted, no living benefit fee will be deducted. Maximum living benefit fee is 2.50% and only deducted from the Stable Account if the other options are exhausted.
The withdrawal and protection level percentages (if applicable) and living benefit fees along with required allocations, valuation frequency, and minimum benefit age listed within may change and may not be the most current. The most current information is disclosed in the applicable Rate Sheet Prospectus Supplement, which may be amended by us from time to time. Please contact our administrative office to determine whether the information above has been amended. You should not purchase this living benefit without first obtaining the applicable Rate Sheet Prospectus Supplement.
If you elect an optional living benefit, there are certain underlying investment options offered in the policy that use a volatility control strategy. If you elect one of the optional living benefits, Transamerica requires the Policy Value to be allocated in a manner described in the contract, which may include a volatility control strategy. In periods of high market volatility, volatility control strategies could limit your participation in market gains; this may conflict with your investment objectives by limiting the ability to maximize potential growth of the Policy Value and, in turn, the value of any guaranteed benefit that is tied to investment performance. Volatility control strategies are intended to help limit overall volatility and reduce the effects of significant market downturns during periods of high market volatility, providing policy owners with the opportunity for smoother performance and better risk-adjusted returns. You pay an additional fee for the living benefits which, in part, pay for protecting the living benefit base from investment losses. Since the living benefit base does not decrease as a result of investment losses, volatility control strategies might not provide any meaningful additional benefit. If you determine that underlying funds with volatility control strategies are not consistent with you investment objectives, other investment options are available under the living benefits that do not invest in funds that utilize volatility control strategies.
Living benefit is referred to as a rider in the contract
All policies, benefits, and forms may vary by state, and may not be available in all states. ICC18 TRGL16IC-0318(IS), ICC18 TRGL16IC-0318(IJ), TRGL16FL-0318(IS), TRGL16FL-0318(IJ), FRGL16NY-0318(IS), FRGL16NY-0318(IJ), ICC19 TRGL22IC-R0319(IS), ICC19 TRGL22IC-R0319(IJ), TRGL22FL-R0319(IS), TRGL22FL-R0319(IJ), FRGL22NY-R0319(IS), FRGL22NY-R0319(IJ)