Retirement Income Max® 1.2
A Transamerica variable annuity can help generate guaranteed income for a long, healthy retirement. But sometimes preparing for the future requires more – a lot more.
The optional Retirement Income Max 1.2 living benefit offers access to one of the industry’s largest growth components, providing nearly a 90% increase to your withdrawal base.*
*Provided no withdrawals are taken in a living benefit year during the 10-year period.
49%
Almost half of surveyed Americans worry about running out of money in retirement.
– "Almost Half of Americans Fear Running Out of Money in Retirement," American Association of Retired Persons, May 2019
A woman who lives to age 65 can expect, on average, to live another 21 years. A man can expect 18 years.
– "Life Expectancy at 65," Organisation for Economic Co-operation and Development," 2019
*All guarantees, including optional benefits, are based on the claims‐paying ability of the issuing insurance company.
All policies, riders and forms may vary by state, and may not be available in all states. ICC18 TRGL18IC-0318(IS), ICC18 TRGL18IC-0318(IJ), TRGL18FL-0318(IS), TRGL18FL-0318(IJ), FRGL18NY-0318(IS)-Rev0119, FRGL18NY-0318(IJ)-Rev0119. If you elect the Retirement Income Max 1.2 Rider, the Company requires your policy value to be allocated into designated investment options, which may include a volatility control strategy. Volatility control strategies, in periods of high market volatility, could limit your participation in market gains; this may conflict with your investment objectives by limiting your ability to maximize potential growth of your 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 rider benefits which, in part, pay for protecting the rider benefit base from investment losses. Since the rider benefit base does not decrease as a result of investment losses, volatility control strategies might not provide meaningful additional benefit to you. If you determine that funds with volatility control strategies are not consistent with your investment objectives, there continues to be other designated investment options available under the Retirement Income Max 1.2 Rider that do not invest in funds that utilize volatility control strategies.
The withdrawal and growth percentages and living benefit fees along with 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 have been amended. You should not purchase this living benefit without first obtaining the applicable Rate Sheet Prospectus Supplement.
The withdrawal base does not establish or guarantee policy value, surrender value, minimum death benefit, or return for an investment option.
If an excess withdrawal causes the policy value to reach zero, the living benefit and policy will terminate.