Transamerica Variable Annuities

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The flexibility to tailor a

strategy that’s right for you.

Transamerica Variable Annuities

Investment-Only Strategy

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Flexible in ways that matter

Tax advantages. Taxes are a part of life, but you have more control over them than you might think. Variable annuities can provide you with tax-deferred growth and efficiencies that can make a big difference in your retirement income, especially over the long term.

Customization. We believe there’s no one-size-fits-all approach to retirement planning. So we’re happy to offer you a suite of variable annuities to choose from. And with a broad range of investment options across multiple asset classes, you have the freedom to craft a strategy that best pursues your goals.

Expert Asset Management. We continuously monitor all of our Transamerica Asset Management funds using our rigorous Investor First process. It’s part of our ongoing commitment to making sure you have access to the

investments you deserve from some of the most recognized asset managers in the industry.

Legacy planning options. Using a variable annuity

investment-only strategy at Transamerica gives you the ability to add an optional death benefit to help secure the future of your loved ones or give back to a cause you care about. And because we offer a variety of death benefits from which to choose, there’s flexibility here too.

Guaranteed income options. Although your focus today is growing your retirement assets, we understand your goals might change over time. With a Transamerica variable annuity, you have the ability to add an optional guaranteed living benefit later, when income becomes your priority.

Transamerica’s variable

annuities offer you an

exceptional degree of

flexibility. Going back to

basics with a variable

annuity investment-only

strategy can help lower

your costs while providing

a number of advantages.

Guarantees are backed by the claims-paying ability of the issuing insurance company. Underlying investment options are subject to investment risk and possible loss of principal.

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Tax-deferred growth. Tax-deferral can give you the confidence of knowing your money is working harder for you. Given the possibility of increasing tax rates over the coming years, this can make a significant difference. Tax efficiency. There are no IRS contribution limits with variable annuities and you can transfer money between your investment options without causing a taxable event.

Tax control. Because you don’t pay income taxes on earnings from a variable annuity until you take withdrawals, you may be able to delay paying taxes until you’ve moved to a lower tax bracket.

A life less taxing

The tax advantages

associated with variable

annuities could make a

substantial difference to and

through retirement. Here are

some reasons why:

There is no additional tax-deferral benefit derived from placing IRA or other tax-qualified funds into an annuity. Features other than tax-deferral should be considered in the purchase of a qualified annuity.

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The tax-deferral difference

This hypothetical illustration assumes an initial investment of $100,000 with an annual growth rate of 6%. Accumulation taxes with 6% growth are taxed at 28%, and distribution taxes with 6% growth are taxed at 25%. Distributions begin at age 65; $25,000 from the taxed account and a gross amount totaling a $33,333 withdrawal from the tax-deferred account. Returns and principal invested in stocks are not guaranteed. Withdrawals of tax-deferred accumulations are subject to ordinary income tax. This is for illustrative purposes only, is not indicative of any investment, and does not guarantee or predict actual performance. The fees and expenses typically involved with a variable annuity are not reflected in the performance of the examples depicting tax-deferred growth. If they were, the return of the tax-deferred investment would be lower.

Tax treatment of capital gains and dividends could favorably impact the investment return for the taxable investment, thereby limiting the difference in performance between the hypothetical investments shown.

Personal investment time frames and income tax brackets, both current and projected, should be considered as they could further impact the comparison.

As you can see below, although both accounts

started with $100,000, the tax-deferred account

grows to $429,187. That’s an additional

$141,322 more than the taxable account.

$429,187

$287,865 Tax-Deferred Account

Taxable Account

$500,000

$400,000

$300,000

$200,000

$100,000

$040 42 44 46 50 52 54 56 58 62 64 66 68 70 72 74 78 80 82 84 86 88 90

65

Distribution Begins

Age

48 60 76

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A diversified approach to asset management

At Transamerica, we believe no single investment firm is the best at managing

every asset class. That’s why we leverage the expertise and insight of asset

managers across the industry to give you a full range of investment strategies.

Here’s how our Investor First asset

management process* works for you:

04 ACCOUNTABILITY is key

01 ANALYZING data

03 SELECTING the best

EVALUATING 02

managers

You need fund managers who do what they say they’re going to do. Each fund is monitored daily and scored based on an internal tracking system including risk- adjusted performance, portfolio diversification, process consistency, and organizational stability. When a sub-adviser fails to perform as expected, we make a change.

Our asset management team begins by objectively reviewing top-performing institutional asset managers’ historical returns, risk and

volatility metrics, style, fee structure, and portfolio manager tenure.

This unbiased approach ensures that you won’t be locked into a

single investment thesis.

We get to know individual managers at the top firms to evaluate how they invest and manage risk, their depth of resources, management structure, and culture.

What are we looking for? Consistent, long-term results in bull and bear markets.

We bring you experts who drive results. Our investment committee conducts a final review

of the candidates which involves a holistic look at each manager from an investment, legal, and economic perspective prior to approval. Each recommendation is

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To learn more about what a Transamerica variable

annuity investment-only strategy can do for you, talk

to your financial professional.

All ratings shown measure financial strength for Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company.

Ratings are subject to change and are not guarantees of future financial strength. For current rating information, visit transamerica.com.

*Ratings as of December 31, 2014.

While ratings can be objective indicators of an insurance company’s financial strength and can provide a relative measure to help select among insurance companies, they are not guarantees of the future financial strength and/or claims-paying ability of a company and do not apply to any underlying variable investment options. The broker-dealer from which an annuity is purchased, the insurance agency from which an annuity is purchased, and any affiliates of those entities make no representations regarding the quality of the analysis conducted by the rating agencies. The rating agencies are not affiliated with the above mentioned entities nor were they involved in any rating agency’s analysis of the insurance companies.

Withdrawals of taxable amounts are subject to ordinary income tax and, if taken prior to age 59½, a 10% additional federal tax may apply.

Variable annuity fees and charges include mortality and expense risk fee and administrative charge, surrender charges, annual fee, and investment option management fee. Additional fees may apply to optional benefits, including living benefit riders, selected.

Transamerica is prohibited by law from providing tax or legal advice. We inform you that this material was not intended or written to be used, and cannot be used, to avoid penalties imposed under the Internal Revenue Code and/or any other relevant laws. This material was written to support the promotion or marketing of the products, services, and/or concepts addressed in this material. Anyone to whom this material is promoted, marketed, or recommended should consult with and rely solely on their own independent advisors regarding their particular situation and the concepts presented herein.

Before investing, consider a variable annuity’s investment objectives, risks, charges, and expenses. Call 800-525-6205 for a contract and fund prospectus containing this and other information. Please read it carefully.

Transamerica Variable Annuities

The flexibility to tailor a

strategy that’s right for you.