Transamerica Variable Annuity O-Share
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The Transamerica Variable Annuity O-Share offers a premium-based pricing structure and gives you the ability to customize your annuity with optional living and death benefits. These give you the opportunity to grow and protect retirement income and transfer assets to loved ones.
A comprehensive lineup of investment options from some of the most recognized money managers in the industry.
Automatic asset rebalancing
Maintains the asset allocation balance selected by automatically transferring money between investment options on a regular basis without generating a taxable event, so the original allocation objectives are maintained. Restrictions apply. Please see prospectus for details.
Dollar cost averaging
Allows for gradual investment over time, systematically buying more units when prices are low and fewer units when prices are high. This can potentially lower the average cost of variable units.
Dollar cost averaging requires regular investing regardless of fluctuating prices and does not guarantee profits or prevent losses in a declining market. Individuals should consider their financial ability to continue transfers through periods of both high and low price levels. Amounts allocated to the subaccounts of the separate account are subject to investment risk, including possible loss of principal. Restrictions apply. Please see prospectus for details.
During the accumulation phase, 12 free transfers between subaccounts are allowed each year without a fee. Restrictions apply. Please see prospectus for details. ($10 fee per transfer, thereafter.)
The opportunity to receive guaranteed lifetime payments through a variety of payment schedules and options, should the policy be annuitized. Annuitization is permitted after the 3rd policy anniversary. 1st policy anniversary in New York and Florida.
All guarantees, including optional benefits, are based on the claims-paying ability of the issuing insurance company.
*Only available on a Transamerica Living Benefit Rider.
1 M&E&A is an annual fee assessed daily and is a percentage of the subaccount policy value.
2 Up to $35 waived with net premiums paid or policy value of $50,000 or more; up to $50 waived with net premiums paid or policy value of $250,000 or more.
3 Premium based charges are a percentage of premium payments calculated based on the cumulative premiums.
Premium based charges are assessed over 28 policy quarters from the date of each premium payment.
Total premiums received in the first three months after the policy date will be assigned a premium based charge at
the end of the third policy month. Once a premium based charge percentage is assigned to a premium, the percentage
will never change.
Not all features are available in all states and may vary by state.
Variable annuities are subject to investment risk, including possible loss of principal. Due to fluctuating market conditions, at the time of distribution, your annuity value may be more or less than the total of all premium payments.
All policies, living benefits, and forms may vary by state, and may not be available in all states.
ICC13 VAO1013, NIC13 VAO1013(FL), NIC13 VAO1013(NY), ICC13 RGMD161013, NIC13 RGMD161013, NIC13 RGMD161013(NY), ICC12 RGMD50513, NIC12 RGMD50513, NIC12 RGMD50513(NY), ICC12 RTP180513, RTP 18 0103, ICC14 RGMB480515(IS), NIC14 RGMB480515(IS)(FL), NIC14 RGMB480515(IS)(NY), ICC14 RGMB480515(IJ), NIC14 RGMB480515(IJ)(FL), NIC14 RGMB480515(IJ)(NY), ICC14 RGMB480515(AS), NIC14 RGMB480515(AS)(FL), NIC14 RGMB480515(AS)(NY), ICC14 RGMB480515(AJ), NIC14 RGMB480515(AJ)(FL), NIC14 RGMB480515(AJ)(NY), ICC14 RGMB500515(IS), NIC14 RGMB500515(IS)(FL), NIC14 RGMB500515(IS)(NY), ICC14 RGMB500515(IJ), NIC14 RGMB500515(IJ)(FL), NIC14 RGMB500515(IJ)(NY), ICC16 RGMB510616(IS), ICC16 RGMB510616(IJ), NIC16 RGMB510616(IS)(FL), NIC16 RGMB510616(IJ)(FL), NIC16 RGMB510616(IS)(NY), NIC16 RGMB510616(IJ)(NY)
Investment options may vary by states.
These investment options are intended to be sold to certain asset allocation portfolios and to separate accounts of Transamerica Life Insurance Company or Transamerica Financial Life Insurance Company to fund the benefits under certain individual flexible premium variable insurance policies.
Investment option names may vary from their corresponding underlying portfolio names. Please see the contract prospectus for underlying portfolio names.
TA investment options invest in Transamerica Series Trust Service Class shares (Investment Adviser Transamerica Asset Management, Inc.) The prospectus describes the portfolios that are available in the policy or annuity contract that you have chosen.
Transamerica Aegon Money Market VP changed its name to Transamerica Aegon Government Money Market VP, and the fund now operates as a “government” money market fund under new federal regulations, which became effective on October 14, 2016. A “government” money market fund invests at least 99.5% of its total assets in U.S. government securities, cash, and/or repurchase agreements that are fully collateralized by U.S. government securities or cash.
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
The underlying funds of the investment options have different strategies and risks; please see the underlying funds’ prospectuses for a complete description of these strategies and risks for the available investment options.