Transamerica Adds a Variable Annuity: Annuity Product Update

April 22, 2020 by Allison Bell

Transamerica has introduced the Transamerica Advisory Annuity contract.

The contract has expense ratios that can range from 0.39% to 0.93%, depending on the investment allocations chosen.

The contract holder can choose from a menu of investment options, including 18 portfolios managed by Vanguard and eight by Dimension Fund Advisors.

For death benefits, the contract holder can choose between a policy value option and a return-of-premium option.

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Originally Posted at ThinkAdvisor on April 21, 2020 by Allison Bell.