497 1 d394389d497.htm TRANSAMERICA ADVISORY ANNUITY Transamerica Advisory Annuity

TRANSAMERICA ADVISORY ANNUITY

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

and

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA BNY

Supplement dated December 16, 2022

to the

Prospectus dated May 1, 2022

The Appendix - Portfolio Companies Available Under the Policy is hereby revised to reflect the following Underlying Fund Portfolio information.

 

Investment

Objective

  

Underlying Fund

Portfolios and

Adviser/Sub-adviser

  

Current

Expenses    

  

Average Annual Total Return    

(as of 12/31/21

   1 year    5 years    10 years

Investment Objective:

Seeks to provide long-term capital appreciation.

  

Vanguard® VIF Capital

Growth Portfolio

 

Advised by: PRIMECAP

Management Company

   0.34%    21.54%    18.12%    17.35%

Investment Objective:

Seeks to provide long-term capital appreciation.

  

Vanguard® VIF Growth Portfolio

 

Advised by: Wellington Management Company, LLP

   0.41%    17.86%    24.24%    19.15%

Investment Objective:

Seeks to provide capital appreciation and a low to moderate level of current income.

  

Vanguard® VIF Moderate

Allocation Portfolio

 

Advised by: The Vanguard

Group Inc.

   0.79%    12.32%    11.43%    8.83%

This Supplement updates certain information in the above referenced Prospectus (“the Prospectus”). Except as indicated in this Supplement, all other information included in the Prospectus remains unchanged. We will send you another copy of the applicable Prospectus or any supplement without charge upon request. Please contact our Administrative Office referenced in the Prospectus.

 

This Supplement must be accompanied or preceded by the applicable Prospectus.

Please read this Supplement carefully and retain it for future reference.