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Transamerica

transamerica.com

Founded Year

1904

Stage

Acquired | Acquired

About Transamerica

Transamerica provides life insurance, savings and retirement, and investment solutions to clients within the United States.

Headquarters Location

4333 Edgewood Road NE

Cedar Rapids, Iowa, 52499,

United States

800-797-2643

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Transamerica Patents

Transamerica has filed 5 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/24/2013

Life insurance, Investment, Derivatives (finance), Financial markets, Actuarial science

Application

Application Date

1/24/2013

Grant Date

Title

Related Topics

Life insurance, Investment, Derivatives (finance), Financial markets, Actuarial science

Status

Application

Latest Transamerica News

Transamerica Adds Life Policy Aimed at Retirement Savers

Jan 12, 2023

X X Your article was successfully shared with the contacts you provided. Transamerica has introduced a life insurance policy that could help high-income clients save more for retirement. The new Transamerica Financial Choice IUL product is an indexed universal life insurance policy with five index accounts and a fixed-interest account on its crediting rate option menu. Clients who earn too much to contribute to Roth IRAs and are healthy enough to buy the policy can contribute to the policy and get cash later by taking out policy loans, Transamerica says. Under current IRS rules, policyholders can borrow from their policies without increasing their taxable income. The Menu In addition to the fixed account, which pays a minimum rate of 1%, the index menu includes two accounts tied to the performance of the S&P 500. The menu also includes two accounts tied to the performance of an index that reflects the performance of the Euro Stoxx 50 index and the Hang Seng index as well as the S&P 500. The fifth index account is the Fidelity Small-Mid Multifactor Index Account. The Latest

Transamerica Frequently Asked Questions (FAQ)

  • When was Transamerica founded?

    Transamerica was founded in 1904.

  • Where is Transamerica's headquarters?

    Transamerica's headquarters is located at 4333 Edgewood Road NE, Cedar Rapids.

  • What is Transamerica's latest funding round?

    Transamerica's latest funding round is Acquired.

  • Who are the investors of Transamerica?

    Investors of Transamerica include John Hancock Financial Services.

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