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TRANSAMERICA VARIABLE ANNUITY SERIES

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA BNY

Supplement Dated January 8, 2018

to the

Prospectus dated May 1, 2017

Effective on or about February 1, 2018, the following changes will occur:

The following subaccount and portfolio name changes will occur.

 

 

OLD SUBACCOUNT

NAME

 

  

 

NEW SUBACCOUNT
NAME

 

  

 

OLD PORTFOLIO NAME

 

   NEW PORTFOLIO NAME
TA Asset Allocation – Conservative    TA JPMorgan Asset Allocation – Conservative    Transamerica Asset Allocation – Conservative VP    Transamerica JPMorgan Asset Allocation – Conservative VP
TA Asset Allocation – Growth    TA JPMorgan Asset Allocation – Growth    Transamerica Asset Allocation – Growth VP    Transamerica JPMorgan Asset Allocation – Growth VP
TA Asset Allocation – Moderate    TA JPMorgan Asset Allocation – Moderate    Transamerica Asset Allocation – Moderate VP    Transamerica JPMorgan Asset Allocation – Moderate VP
TA Asset Allocation – Moderate Growth    TA JPMorgan Asset Allocation – Moderate Growth    Transamerica Asset Allocation – Moderate Growth VP    Transamerica JPMorgan Asset Allocation – Moderate Growth VP
TA International Moderate Growth    TA JPMorgan International Moderate Growth    Transamerica International Moderate Growth VP    Transamerica JPMorgan International Moderate Growth VP

This Prospectus Supplement must be accompanied or preceded

by the Prospectus for the

Transamerica Variable Annuity Series dated May 1, 2017


The following subaccounts are hereby added to the “Appendix - Designated Investment Options” as designated funds under the Retirement Income Max® rider.

TA AB Dynamic Allocation – Service Class

TA American Funds Managed Risk - Balanced – Service Class

TA BlackRock Global Allocation Managed Risk – Balanced – Service Class

TA BlackRock Smart Beta 50 – Service Class

TA JPMorgan Asset Allocation – Moderate – Service Class

The following subaccount is hereby added to the “Appendix – Designated Investment Options” as a designated fund under the Return of Premium and Annual Step-Up Death Benefits.

TA Multi-Manager Alternative Strategies – Service Class

Effective on or about May 1, 2017, the following subaccount was made available as a flexible investment option fund and noted in the “Appendix – Transamerica Income Edge Investment Options”.

TA Multi-Manager Alternative Strategies – Service Class


PARTNERS VARIABLE ANNUITY SERIES®

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA BNY

Supplement Dated January 8, 2018

to the

Prospectus dated May 1, 2017

Effective on or about February 1, 2018, the following subaccount and portfolio name changes will occur.

 

 

OLD SUBACCOUNT
NAME

 

 

 

NEW SUBACCOUNT NAME

 

 

 

OLD PORTFOLIO NAME

 

 

 

NEW PORTFOLIO NAME

 

TA Asset Allocation – Conservative   TA JPMorgan Asset Allocation – Conservative   Transamerica Asset Allocation – Conservative VP   Transamerica JPMorgan Asset Allocation – Conservative VP
TA Asset Allocation – Moderate   TA JPMorgan Asset Allocation – Moderate   Transamerica Asset Allocation – Moderate VP   Transamerica JPMorgan Asset Allocation – Moderate VP
TA Asset Allocation – Moderate Growth   TA JPMorgan Asset Allocation – Moderate Growth   Transamerica Asset Allocation – Moderate Growth VP   Transamerica JPMorgan Asset Allocation – Moderate Growth VP

Effective on or about February 1, 2018, the following subaccounts are hereby added to the “Appendix - Designated Investment Options” as designated funds under the Retirement Income Max® rider.

TA American Funds Managed Risk - Balanced – Service Class

TA BlackRock Smart Beta 50 – Service Class

TA JPMorgan Asset Allocation – Moderate – Service Class

This Prospectus Supplement must be accompanied or preceded

by the Prospectus for the

Partners Variable Annuity Series® dated May 1, 2017


MEMBERS® VARIABLE ANNUITY SERIES

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

Supplement Dated January 8, 2018

to the

Prospectus dated May 1, 2017

Effective on or about February 1, 2018, the following changes will occur:

The following subaccounts are hereby added to the “Appendix - Designated Investment Options” as designated funds under the Retirement Income Max® rider.

TA AB Dynamic Allocation – Service Class

TA American Funds Managed Risk - Balanced – Service Class

TA BlackRock Global Allocation Managed Risk – Balanced – Service Class

TA BlackRock Smart Beta 50 – Service Class

The following subaccount is hereby added to the “Appendix – Designated Investment Options” as a designated fund under the Return of Premium and Annual Step-Up Death Benefits.

TA Multi-Manager Alternative Strategies – Service Class

Effective on or about May 1, 2017, the following subaccount was made available as a flexible investment option fund and noted in the “Appendix – Transamerica Income Edge Investment Options”.

TA Multi-Manager Alternative Strategies – Service Class

This Prospectus Supplement must be accompanied or preceded

by the Prospectus for the

Members® Variable Annuity Series dated May 1, 2017