497 1 d521985d497.htm MEMBERS VARIABLE ANNUITY SERIES MEMBERS Variable Annuity Series

Transamerica Variable Annuity Series

  MEMBERS® Variable Annuity Series

Partners Variable Annuity Series

  Transamerica Advisor EliteSM II

Transamerica AxiomSM II

  Transamerica Income EliteSM II

Transamerica PrincipiumSM III

  Transamerica Advisor EliteSM Variable Annuity

Transamerica LandmarkSM Variable Annuity

  MEMBERS® LandmarkSM Variable Annuity

MEMBERS® FreedomSM Variable Annuity

  Income EliteSM Variable Annuity

Transamerica ExtraSM Variable Annuity

  MEMBERS® ExtraSM Variable Annuity

Transamerica LibertySM Variable Annuity

  MEMBERS® LibertySM Variable Annuity

Transamerica AxiomSM Variable Annuity

  Transamerica PrincipiumSM II Variable Annuity

Transamerica Variable Annuity I-Share

  Transamerica InspireSM Variable Annuity

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

Rate Sheet Supplement dated January 9, 2018

(for Applications signed on or after February 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 offering for the Retirement Income Max® as described in the Retirement Income Max® Rider Fees, Retirement Income Max®– Base Benefit – Withdrawal Percentage and the Retirement Income Max® – 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 variable annuity prospectuses, as amended.

The amounts listed below apply for applications signed between February 1, 2018 and March 31, 2018. The rider fee, growth and withdrawal percentages may be different than those listed below for applications signed after March 31, 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 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 FEE

1.35%

GROWTH PERCENTAGE

7.20%

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%

 

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* 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 benefit 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 after 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 Income EliteSM II   333-186032

Transamerica PrincipiumSM III

  333-186030   Transamerica Advisor EliteSM Variable Annuity   333-187915
Transamerica LandmarkSM Variable Annuity   33-33085   MEMBERS® LandmarkSM Variable Annuity   33-33085
MEMBERS® FreedomSM Variable Annuity   33-56908   Income EliteSM Variable Annuity   333-187914

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 AxiomSM Variable Annuity

  333-187913   Transamerica PrincipiumSM II Variable Annuity   333-187912

Transamerica Variable Annuity I-Share

  333-186031   Transamerica InspireSM Variable Annuity   333-215598

 

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