497 1 d549192d497.htm MEMBERS LANDMARK VARIABLE ANNUITY Members Landmark Variable Annuity

Transamerica Variable Annuity Series

  

MEMBERS® Variable Annuity Series

Partners Variable Annuity Series

  

Transamerica Advisor EliteSM II

Transamerica AxiomSM II

  

Transamerica AxiomSM Variable Annuity

Transamerica PrincipiumSM III

  

Transamerica Advisor EliteSM Variable Annuity

Transamerica LandmarkSM Variable Annuity

  

MEMBERS® LandmarkSM Variable Annuity

Transamerica FreedomSM Variable Annuity

  

MEMBERS® FreedomSM Variable Annuity

Transamerica ExtraSM Variable Annuity

  

MEMBERS® ExtraSM Variable Annuity

Transamerica LibertySM Variable Annuity

  

MEMBERS® LibertySM Variable Annuity

Transamerica PrincipiumSM II Variable Annuity

  

Transamerica InspireSM Variable Annuity

Transamerica Variable Annuity I-Share

  

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

Rate Sheet Supplement dated March 23, 2018

(for Applications signed on or after April 1, 2018)

to the

Prospectus dated May 1, 2017

This Rate Sheet Prospectus Supplement (this “supplement”) applies to the above listed Transamerica variable annuities and should be read and retained with the prospectus. If you would like another copy of the current prospectus, please call us at (800) 525-6205.

All Rate Sheet Prospectus Supplements are also available on the Edgar system at www.sec.gov. Please see the SEC file number table below for your applicable product.

We are issuing this supplement to provide the rider fee, growth and withdrawal percentages that we are currently offering for the Retirement Income Choice® 1.6 as described in the Retirement Income Choice® 1.6 Fees, Retirement Income Choice® 1.6 – Base Benefit – Withdrawal Percentage and the Retirement Income Choice® 1.6 – Base Benefit –Growth sections of the prospectus. This supplement replaces and supersedes any previously issued Rate Sheet Prospectus Supplement(s), and must be used in conjunction with the above effective prospectuses, as amended.

The amounts listed below apply for applications signed between April 1, 2018 and April 30, 2018. The rider fee, growth and withdrawal percentages may be different than those listed below for applications signed after April 30, 2018. The rider fee and withdrawal percentages applicable to your policy will not change for the life of your policy (unless subject to an automatic step-up as described in the Automatic Step-Up section of your prospectus. At the time of an automatic step-up the rider fee percentage may increase by no more than 0.75% from the current rider fee percentage listed below). The growth percentage can change upon manual reset, which is a manual process under which your current rider is terminated and a new rider is issued. You can only elect to reset during the 30 day period following each successive fifth rider anniversary and if all other rider issue requirements are met as further described in the Retirement Income Choice® 1.6 – Base Benefit- Manual Resets section of your prospectus. The Rate Sheet Prospectus Supplement applicable to your policy will be included with your prospectus. Please work with your financial professional or visit www.transamerica.com to confirm the current rates.

RIDER FEES

 

Rider Benefit    Single Life Option     Joint Life Option 

Base Benefit Designated Allocation Group A

   1.45%    1.45%

Base Benefit Designated Allocation Group B

   1.10%    1.10%

Base Benefit Designated Allocation Group C

   0.70%    0.70%

Death Benefit

   0.40%    0.35%

Income Enhancement

   0.30%    0.50%

GROWTH PERCENTAGE

5.50%

 

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WITHDRAWAL PERCENTAGE

 

Age at time of

first withdrawal

 

Withdrawal Percentage -

Single Life Option*

 

Withdrawal Percentage -

Joint Life Option*

0-58   0.00%   0.00%
59-64   4.00%   3.50%
65-79   5.00%   4.50%
³ 80   6.00%   5.50%

* The withdrawal percentage is determined by the annuitant’s age (or the annuitant’s spouse’s age if younger and the joint life option is elected) at the time of the first withdrawal taken on or after the rider anniversary immediately following the annuitant’s (or the annuitant’s spouse’s if younger and the joint life option is elected) 59th birthday.

Please note: In order for you to receive the rider fee, growth and withdrawal percentages reflected above, your application must be signed within the time period disclosed above. We must also receive your completed application within 7 calendar days from the date that this supplement is no longer effective, and the policy must be funded within 60 calendar days from the date that this supplement is no longer effective. If these conditions are not met, your application will be considered not in good order. If you decide to proceed with the purchase of the policy, additional paperwork may be required to issue the policy with the applicable rates in effect at that time.

 

Transamerica Life Insurance Company  
Product Name    SEC File
Number
   Product Name     
SEC File
Number
 
 
Transamerica Variable Annuity Series    333-185573            MEMBERS® Variable Annuity Series        333-185573          
Partners Variable Annuity Series    333-185573            Transamerica Advisor EliteSM II      333-186031          
Transamerica AxiomSM II    333-186029            Transamerica AxiomSM Variable Annuity      333-187913          
Transamerica PrincipiumSM III    333-186030            Transamerica Advisor EliteSM Variable Annuity      333-187915          
Transamerica LandmarkSM Variable Annuity    33-33085            MEMBERS® LandmarkSM Variable Annuity      33-33085          
Transamerica FreedomSM Variable Annuity    33-56908            MEMBERS® FreedomSM Variable Annuity      33-56908          
Transamerica ExtraSM Variable Annuity    333-187910            MEMBERS® ExtraSM Variable Annuity      333-187910          
Transamerica LibertySM Variable Annuity    333-187911            MEMBERS® LibertySM Variable Annuity      333-187911          

Transamerica PrincipiumSM II Variable

Annuity

   333-187912            Transamerica InspireSM Variable Annuity      333-215598          
Transamerica Variable Annuity I-Share    333-186031                      

 

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