Transamerica Variable Annuity
GPTKB entity
Statements (45)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Variable Annuity
|
| gptkbp:availableIn |
Enhanced death benefit
Guaranteed minimum income benefit Guaranteed minimum withdrawal benefit |
| gptkbp:benefits |
Potential for higher returns
Customization options Professional management |
| gptkbp:characterTraits |
Best for long-term retirement planning
Not suitable for short-term investors |
| gptkbp:customerService |
Online account management
Available through financial advisors Dedicated support teams |
| gptkbp:deployedTo |
Partial withdrawals
Full surrenders |
| gptkbp:environmental_impact |
Ordinary income tax on withdrawals
Potential penalties for early withdrawal Tax-deferred growth until withdrawal |
| gptkbp:evaluates |
Application form submission
Policy issuance Underwriting review |
| gptkbp:features |
Investment options
Death benefit Tax-deferred growth Flexible premium payments Income options |
| gptkbp:historicalContext |
Introduced in the 1990s
Part of a growing trend in retirement products |
| https://www.w3.org/2000/01/rdf-schema#label |
Transamerica Variable Annuity
|
| gptkbp:investmentFocus |
Money market funds
Target date funds Equity funds Bond funds |
| gptkbp:issueFeePaid |
gptkb:Transamerica_Corporation
|
| gptkbp:offers |
Surrender charges
Investment management fees Mortality and expense risk charges |
| gptkbp:period |
Varies by contract
Typically 5 to 10 years |
| gptkbp:regulates |
Insurance regulations
|
| gptkbp:riskManagement |
Liquidity risk
Market risk Credit risk Inflation risk |
| gptkbp:targetMarket |
Individuals planning for retirement
|
| gptkbp:type |
Investment product
|