Transamerica Retirement Income Choice 1.6 Brochure€¦ · RETIREMENT INCOME CHOICE SM 1.6 RETIREMENT INCOME CHOICE SM 1.6 An optional rider for variable annuities issued by Transamerica

VBRRIC0912

RETIREMENT INCOME CHOICESM 1.6

RETIREMENT INCOME CHOICESM 1.6

An optional rider for variable annuities issued by Transamerica Life Insurance Company in Cedar Rapids, Iowa and Transamerica Financial Life Insurance Company in Harrison, New York (Transamerica). Annuities are underwritten and distributed by Transamerica Capital, Inc.Annuities may lose value and are not insured by the FDIC or any federal government agency. They are not a deposit of or guaranteed by any bank, bank affiliate, or credit union.

PROTECTION

OPPORTUNITYAND

Few would argue with this current state of consumer anxiety, as those nearing or entering retirement face a combination of unprecedented challenges:

Private Sector Pensions Disappearing

In 1979, 87 out of every 100 workers had pensions.

30 years later in 2009, that number dramatically

decreased to only 20 out of every 100 workers.2

Medical Expenses are Skyrocketing

Consider, it is estimated that a 65-year-old couple today

will need $230,000 for medical expenses throughout

retirement, not including nursing home care.3

Two Market Collapses Have Damaged Retirement Savings

The back-to-back collapses of equity markets in

the last 10 years have severely damaged retirement

account assets.

66% of Americans are now worried aboutfunding their retirement, tying an all-time high — Gallup1

87out of every 100 workershad pensions in 19792

out of every 100 workershad pensions in 20092

20

$160,000$230,000

2001 2011

1,200

1,400

1,600

600

800

1,000

‘00 ‘98 ‘02 ‘04 ‘06 ‘08 ‘10

$1.4 trillion lost$3.7 trillion lost

Trillions Lost Overnight

U.S. Retirement Assets Lost in Two Market Collapses4

2 | OPPORTUNITY AND PROTECTION

44% increase in costs since 2002

1979

2002

2009

2011

S&P 500® chart derived from Yahoo! Finance data. Past performance is no guarantee of future results.1 Lack of Retirement Funds Is Americans’ Biggest Financial Worry, Gallup, June 15, 2011

2 Social Security & Pensions, SmartMoney, October 20113

Fidelity: Couples Need $230,000 for Retirement Health Costs, usnews.com, March 20114 US Retirement Markets and Retirement Assets Total $17 Trillion in Third Quarter 2011, ici.org

An investor may not make a direct investment in the index.

Record Low Interest Rates are Failing to Provide Adequate Income5

OPPORTUNITY AND PROTECTION | 3

Fortunately, there is an investment vehicle that can help. A Transamerica variable annuity with the Retirement Income ChoiceSM 1.6 rider can provide the INCOME, GROWTH OPPORTUNITY and PROTECTION to the withdrawal base you may be looking for in addressing your own retirement concerns.

Inflation is Silently Eroding Future Purchasing Power

Often overlooked in the retirement planning process, is the unforeseen impact inflation can have on your future

retirement income. For example:

$1.00Today will be worth

$.78In 10 years

$.61In 20 years

$.48In 30 years

But keep in mind, the inflation rate over the past 30 years has averaged 4.3% 7

0.31%1-Year CD

1.03%5-Year CD

0.71%5-Year Treasury

1.65%10-Year Treasury

0.12%Money Market Accounts/Savings

1.04%3-Year MYGA Fixed Annuities

At a Conservative

2.5% Inflation Rate6

5 bankrate.com, federalreserve.gov and annuityratewatch.com, as of August 10, 20126 Don’t Forget About Inflation, www.financial-topics.com, March 1, 20127 www.calculator.net/interest-calculator.html

The example above illustrates how the growth-on-growth component allows you to grow your future retirement income by automatically stepping up your Withdrawal Base in up markets and receiving 5% annual compounding growth on your Withdrawal Base for up to 10 years, in fl at or declining markets. Compounding growth only applies in years when income is not being taken. This illustration does not guarantee or predict actual performance.* Assumes no withdrawal is taken in the rider year.

POLICY VALUE

Initial Investment

Withdrawal Base

ON D J F M A M J J A S O N D J F M

UP MARKETSAutomatically lock-in

the highest MonthiversarySM

value and step-up your withdrawal base

DOWN MARKETSReceive 5% annual

compounding growth to your withdrawal base

for up to 10 years*

GROWTH ON GROWTH


Growing and Protecting Retirement Income

The Retirement Income ChoiceSM 1.6 rider helps you to grow and protect retirement income. First, with our notable MonthiversarySM feature, in up markets, you have the opportunity to capture market gains and automatically lock them in to the withdrawal base. In down markets, your withdrawal base will receive 5% annual compounding growth for up to 10 rider years for any year a withdrawal is not taken. Working together, these two features offer you growth-on-growth potential to your withdrawal base. This example illustrates how:

Accumulation

MONTHIVERSARYSM

IN ACTIONThe rider was purchased June 15th and the policy value was recorded every month thereafter on the same date. In this case

February 15th was the highest MonthiversarySM

The rider withdrawal amount is equal to the withdrawal percentage multiplied by the Withdrawal Base.Any withdrawals, including those permitted under the rider, reduce your variable annuity’s policy value, death benefi ts and other values. Withdrawals may be subject to surrender charges.All guarantees, including optional benefi ts, are based on the claims-paying ability of the issuing insurance company.

MONTHIVERSARYSM: HOW IT WORKS

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Attn: Annuity Customer Service4333 Edgewood Road NECedar Rapids, IA 52499

Transamerica LandmarkSM Variable AnnuityJanuary 1, 2012 - March 31, 2012

Your Representative:REGISTERED REPRESENTATIVEFINANCIAL INVESTMENTS4333 EDGEWOOD ROAD NESUITE 100CEDAR RAPIDS IA 52499Phone: 555-555-5555

www.transamericaannuities.com

SALLY SAMPLE4333 EDGEWOOD ROAD NECEDAR RAPIDS IA 52499

Policy DetailProduct: Transamerica LandmarkSM Variable AnnuityDeath Benefit: Annual Step-UpLiving Benefit:Retirement Income ChoiceSM 1.6Death Benefit Option: Additional Death Distribution +SM

Type: IRA - Traditional

Annuitant: SALLY SAMPLEOwner: SALLY SAMPLEIssue Date: December 8, 2009Policy Number: 123123123

Value SummaryYear To DateThis Period Since Issue

Ending Policy Value as of 3/31/2012

$156,301.12 $0.00 $167,438.92Total Premium Payments

Total Withdrawals- $833.93

$153,542.30

- $18,433.10- $1,924.89

Beginning Policy Value

Value Change

$0.00- $1,924.89

Surrender Value as of 12/31/2011 $145,914.65$141,909.3503/31/2012Surrender Value as of

Minimum Required Cash Value as of $141,827.613/31/2012Please refer to the Definitions and Disclosures Section for further information.

Living Benefit Detail

As ofRetirement Income ChoiceSM 1. 6 Issued: 12/08/2009

03/31/2012

Highest MonthiversarySM

ValueRider Withdrawal AmountWithdrawal Base Remaining Rider

Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56

The Highest MonthiversarySM Value is the greater of 1) your current realized Highest MonthiversarySM Value (locked in from a previousrider year) OR 2) the highest tracked MonthiversarySM value (from the current rider year). This value may be higher or lower than your current Withdrawal Base. This may occur because the Withdrawal Base is calculated by identifying the highest of: 1) the current Withdrawal Base, 2) the highest policy value on any rider MonthiversarySM in the last 12 months, or 3) the Withdrawal Base increased by an annual 5% compounded growth rate if applicable. The Retirement Income ChoiceSM 1.6 rider guarantees the Rider Withdrawal Amount each rider year for the life of the annuitant, and spouse, if the joint life option is elected, regardless of your policy value. The Remaining Rider Withdrawal Amount is the amount available for withdrawal until the next rider anniversary date.

002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

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$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

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$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

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$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

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$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

of Page 1 4













$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

of Page 1 4













$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

We look back at your 12 monthly policy values on the date you purchased the rider—your MonthiversarySM


Maximizing Retirement Income

The Retirement Income ChoiceSM 1.6 rider also offers the potential for your lifetime income to grow. You want to have enough money for as long as you live. We guarantee income for the rest of your life. But you also want to have a comfortable retirement. We provide the opportunity for your retirement income to grow, and we do this in two ways:

80+ 6% 5.5%

65-79 5% 4.5%

59-64 4% 3.5%

* If the rider is structured as joint life, the withdrawal percentages are based on the younger of the annuitant or the annuitant’s spouse when withdrawals begin.

ATTAINEDAGE

SINGLE LIFEWITHDRAWALPERCENTAGE

JOINT LIFEWITHDRAWALPERCENTAGE*

Distribution

1

2

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$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

We automatically lock-in the highest monthly value and step-up your Withdrawal Base to this new value

Variable Annuity

1.6Additional Death Distribution +SM

First, even after you start taking withdrawals, your

Withdrawal Base will grow anytime you receive an

Automatic Step-Up.

Secondly, your annual withdrawal percentage will

grow anytime you receive an Automatic Step-Up

and enter a new age group.

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$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

of Page 1 4













$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

of Page 1 4













$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

of Page 1 4













$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89





03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

of Page 1 4













$153,542.30

- $18,433.10- $1,924.89


Value Change

$0.00- $1,924.89




As ofRetirement Income ChoiceSM 1.2 Issued: 12/08/2009

03/31/2012



Withdrawal Amount

$177,753.56 $8,887.68 $6,962.79

5/8/2011

$177,753.56


002-001-0-00001-4-0

1 1 1 1 1 1 1 1 1 1 1 1 1 11 11 1 1 111 1 1 1 1 111111 11111 1 1 1 111 1 111 11 1 1 1 1 1 1 1 1111 11 11 1111 1 111 11111 1 11 1 11 1 111 1 1 1 11 111 1 1 1 111111 1 1 1 1 111 111111 111 1111 1 1111 1111 1 1 1 111 1 1 1 11111 1 111 111 1 1 11 11 11 1 111 1 1111 1111 1 1 1 111111 1 1 11 11 11111 11 111 1 1111 111 1111 1 111111 11 11111 1 1 11 1 111 1111 1 1 11 111 1 1 1 1 1 1 1 111 11 1 1 1 1 11 1 111 111 1 1 1 11111 111 111111 111 11 1 1111 1 1 1111 1 111111111 1 11 1 11 1 1 11111111111111111111111111

Rider fees are as of September 17, 2012. The rider fee is deducted on each rider quarter in arrears, and is an annual percentage of the Withdrawal Base. The rider fee percentage may increase upon an Automatic Step-Up beginning with the fi fth rider anniversary, but the maximum rider fee percentage allowed is 0.75% higher than the initial rider fee percentage. You must allocate 100% of the policy value into one or more of the designated investment options. Transamerica can remove a designated investment option at any time for both new contracts and existing contracts. You have the freedom to transfer at any time. After 12 transfers in a year, a $10 per transfer fee may apply.You must allocate 100% of the policy value into one or more of the designated investment options.All TA investment options invest in Transamerica Series Trust Service Class shares (Investment Adviser Transamerica Asset Management, Inc.). Please see prospectus for details.Investment option names may vary from their corresponding underlying portfolio names. Please see the contract prospectus for underlying portfolio names.


In today’s volatile marketplace, you need to be confident that your source of retirement income is protected. You also need to know your investments can provide enough growth potential to outpace inflation.

Transamerica understands. We’ve assembled some of the industry’s top managers to offer you multiple investment options designed to help manage downside risk and smooth volatility. These investment options are designed to help protect you from large fluctuations in your contract’s performance and give you the confidence to stay invested through the market’s inevitable ups and downs.

Our unique risk-based pricing structure allows you to price your rider based on your personal needs. You can choose any combination of designated investment options in group A, B or C. You have the ability to divide assets across multiple groups, with a fee structure based on the amount invested in each group. Your financial professional can help you determine which investment options are right for you.

RETIREMENT INCOME CHOICESM 1.6 INVESTMENT OPTIONSAllocation Options and Fees

A: 1.55% B: 1.10% C: 0.70%

Asset AllocationStrategicTA Asset Allocation – Conservative ✓

TA Asset Allocation – Moderate ✓

TA Asset Allocation – Moderate Growth ✓

TA International Moderate Growth ✓

TA Janus Balanced ✓

TacticalTA AEGON Tactical Vanguard ETF - Conservative ✓

TA AEGON Tactical Vanguard ETF - Balanced ✓

TA AEGON Tactical Vanguard ETF - Growth ✓

TA AllianceBernstein Dynamic Allocation ✓

TA BlackRock Tactical Allocation ✓

TA JPMorgan Tactical Allocation ✓

TA Legg Mason Dynamic Allocation - Balanced ✓

TA Legg Mason Dynamic Allocation - Growth ✓

TA Market Participation Strategy ✓

TA PIMCO Tactical – Conservative ✓

TA PIMCO Tactical – Balanced ✓

TA PIMCO Tactical – Growth ✓

IndexTA Vanguard ETF Index – Conservative ✓

TA Vanguard ETF Index – Balanced ✓

TA Vanguard ETF Index – Growth ✓

Fixed IncomeAmerican Funds Bond Fund – Class 2 ✓

TA AEGON U.S. Government Securities ✓

TA JPMorgan Core Bond ✓

TA PIMCO Real Return TIPS ✓

TA PIMCO Total Return ✓

Guaranteed Fixed Accounts ✓

Money MarketTA AEGON Money Market ✓

The investment options are subject to market fl uctuation, investment risk, and possible loss of principal.

Investment Options and Fees

How Is My Income Calculated?Your rider withdrawal amount is calculated by multiplying your Withdrawal Base by the annual withdrawal percentage. Your annual withdrawal percentage is determined by your age at the time your fi rst withdrawal is taken.

The Withdrawal Base is equal to the policy value when the rider is added, plus any additional premium payments you make, less any adjustments for excess withdrawals. If you add the rider in the fi rst policy year, the Withdrawal Base does not include any premium enhancements, if applicable. The Withdrawal Base does not establish or guarantee policy value, surrender value, minimum death benefi t or return for an investment option.

Every rider anniversary, the Withdrawal Base is set to equal the greatest of the policy value, the highest rider MonthiversarySM value, or the Withdrawal Base with 5% compounded growth. When the Withdrawal Base is increased due to the policy value or the highest MonthiversarySM value, the increase is called an Automatic Step-Up. Automatic Step-Ups affect the Withdrawal Base only and do not affect policy value or other rider values.

Can My Income Go Down?Not as long as your withdrawals don’t exceed your annual rider withdrawal amount. Sometimes, however,

circumstances change and you may fi nd yourself needing to withdraw more than your rider withdrawal amount in a given year. In that event, your future withdrawals will be decreased because excess withdrawals reduce your Withdrawal Base. Required Minimum Distributions are not considered excess withdrawals and will not reduce your Withdrawal Base. The rider MonthiversarySM component of an Automatic Step-Up is not applied in rider years when an excess withdrawal has been taken.

Can My Income Go Up?Yes. We understand you want your retirement income to keep up with infl ation and that unexpected costs can impact your lifestyle in retirement. After you’ve started taking withdrawals, there is the opportunity for your rider withdrawal amount to increase if your investment options performed well. For each of the 12 months leading up to a rider anniversary, Transamerica will record the policy value on each MonthiversarySM (e.g., if the policy is purchased on January 15th, Transamerica will record the policy value on the 15th of each month). On the rider anniversary date, Transamerica will consider your policy value and the highest MonthiversarySM value and “step-up” your Withdrawal Base to the greater of these two values. Future withdrawals will be based on this new higher Withdrawal Base, resulting in a higher rider withdrawal amount.

Other Questions You May Have


* If the rider is structured as joint life, the withdrawal percentage will be based on the younger of the annuitant or annuitant’s spouse when withdrawals begin.

All guarantees, including optional benefi ts, are based on the claims-paying ability of the issuing insurance company.

Addressing Other Retirement Income ConcernsIncome EnhancementSM benefi t

Health care costs (including long-term care) are among the primary reasons people run short of money in retirement.A Transamerica variable annuity featuring the optional Retirement Income ChoiceSM 1.6 rider and the Income EnhancementSM benefi t may help by offering:

è The rider withdrawal percentage will increase to 150% of the current rider withdrawal percentage during confi nement in a qualifying facility after satisfying the activation requirements.

See back page for details.

è With the joint life option, a guaranteed retirement income stream that can cover both spouses’ lives even if the policy value drops to zero.

80+ 6% 9% 5.5% 8.25%

65-79 5% 7.5% 4.5% 6.75%

59-64 4% 6% 3.5% 5.25%

ATTAINEDAGE

SINGLE LIFE

WITHDRAWALPERCENTAGE

INCOME ENHANCEMENTSM

PERCENTAGE

JOINT LIFE

WITHDRAWALPERCENTAGE*

INCOME ENHANCEMENTSM

PERCENTAGE*


Before investing, consider a variable annuity’s investment objectives, risks, charges and expenses. Call 1-800-525-6205 for a contract and fund prospectus containing this and other information. Please read it carefully.

Transamerica variable annuities’ range of fees and charges include 0.45%-1.90% M&E&A, 0%-9% surrender charges, $30-$35 annual fee, and investment option management fees. A fund facilitation fee of up to 0.30% annually may apply for certain investment options.

All contract and rider guarantees, including optional benefits and any fixed subaccount crediting rates or annuity payout rates, are backed by the claims-paying ability of the issuing insurance company. They are not backed by the broker/ dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased, or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.

The variable annuity policy value, death benefit and other values will fluctuate based on the performance of the investment options and may be worth more or less than the total of all premiums paid when surrendered.

Initial rider fees range from 0.70%-2.40% annually, depending on options chosen. The rider fee percentage may increase upon an Automatic Step-Up beginning with the fifth rider anniversary, but the maximum rider fee percentage allowed is 0.75% higher than the initial rider fee percentage. For Designated Allocation option fee calculation purposes, the rider fee will be weighted based on the policy value in each respective group as of the beginning of each rider quarter, and will be adjusted for certain policy activity during the rider quarter.

The 5% growth rate applies only to the Withdrawal Base; it does not apply to policy value, optional death benefits or other optional benefits. In years when a withdrawal is taken, the 5% compounded growth does not apply.

You must wait until the rider year after you turn age 59 to begin withdrawals permitted under the rider. If the rider is purchased prior to age 59, however, the rider fee will still apply. The rider may be added at any time through age 85.

Should the variable annuity’s policy value fall to zero, you will receive payments up to the amount allowed under the rider for life. If an excess withdrawal causes the policy value to reach zero, the rider and policy will terminate.

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.

On the maximum annuity commencement date, the rider terminates. By annuitizing the policy on the maximum annuity commencement date, you will have the option to receive lifetime payments that are no less than the withdrawals allowed by the rider. The maximum annuity commencement date is generally the annuitant’s age 95.

You have the right to reject an Automatic Step-Up within 30 days following a rider anniversary, if the rider fee percentage increases. If you reject an Automatic Step-Up, you must notify us in a manner which is acceptable to us, however, you are eligible for future Automatic Step-Ups. Changes as a result of the Automatic Step-Up feature will be reversed. Any increase in the rider fee percentage will also be reversed, and the Withdrawal Base will be set to the Withdrawal Base prior to the Automatic Step-Up.

Financial institutions that sell our products may have their own guidelines to determine suitability of our variable annuity policies and/or riders. Some financial institutions may not sell all of our products, may have specific issue ages for our variable annuity policies, and may not have all living and death benefits available.

All references to spouse may include civil union partners, registered domestic partners, or other similar relationships as recognized by your state. Please contact a qualified tax advisor prior to purchasing to discuss how these relationships will be recognized for tax purposes.

The Income EnhancementSM benefit is available for an additional fee of 0.30% for single life and 0.50% for joint life in addition to the base rider fee.

To elect the Income EnhancementSM benefit you cannot already be confined in a hospital, nursing facility or Alzheimer’s disease facility (qualifying facility). To activate, the rider must have been in place for one year (waiting period) and you or your spouse confined for 180 of the last 365 days in a qualifying facility. The one-year waiting period and 180-day elimination period may occur simultaneously. The elimination period is 90 days in Pennsylvania. Confinement must be prescribed by a physician due to physical or cognitive ailments.

A qualifying facility does not include: 1) assisted living facilities; 2) a rehabilitation hospital; 3) a place which is primarily for treatment of mental or nervous disorders, drug addiction or alcoholism; 4) a home for the aged; 5) a rest home, community living center or place that provides domestic, resident, retirement or education care; 6) personal care homes; 7) residential care facilities; 8) adult foster care facilities; 9) congregate care facilities; 10) family and group assisted living facilities; 11) personal care boarding homes; 12) domiciliary care homes; 13) basic care facilities; or 14) similar facilities.

The Income EnhancementSM benefit is not available in all states and is not long term care insurance. See prospectus for more details.

All policies, riders, and forms may vary by state, and may not be available in all states. RGMB 37 0809, RGMB 38 0809, RGMB 37 0809 (IS)(FL), RGMB 38 0809 (IS)(FL), other versions also available, RGMB 37 0809 (IS)(NY), RGMB 37 0809 (AS)(NY), RGMB 37 0809 (IJ)(NY), RGMB 37 0809 (AJ)(NY), RGMB 37 0912R (IS)(OR), RGMB 37 0912R (IJ)(OR), RGMB 37 0912R (AS)(OR), RGMB 37 0912R (AJ)(OR), RGMB 38 0912R (IS)(OR), RGMB 38 0912R (IJ)(OR), RGMB 38 0912R (AS)(OR), RGMB 38 0912R (AJ)(OR)

Transamerica Financial Life Insurance Company is licensed in New York.

Other Important Information

A long-term investment product designed for retirement purposes offering four main features:

è Guaranteed lifetime payout options

è Guaranteed death benefit options

è Wide selection of investment options

è Tax-deferred earnings accumulation

WHAT IS A VARIAbLE ANNUITY

Documents

Transamerica Retirement Income Choice 1.6 Brochure€¦ · RETIREMENT INCOME CHOICE SM 1.6 RETIREMENT INCOME CHOICE SM 1.6 An optional rider for variable annuities issued by Transamerica