The new portfolios, from five money managers, provide additional diversification across a variety of disciplines, said Transamerica. The Retirement Income Choice 1.2 rider and the Retirement Income Choice 1.4 rider remain intact despite ongoing variable annuity industry unrest, added Transamerica.

The fund companies and investment options now available are: American Funds, Foxhall Capital Management, GE Asset Management Incorporated, Hanlon Investment Management, and Vanguard.

Dave Paulsen, executive vice president and national sales manager for annuities at Transamerica Capital, the underwriting and wholesaling broker/dealer for Transamerica Life Insurance Company's variable annuities, said: "We are strategically including new investment options and maintaining our rider features as investors seek additional solutions for their retirement needs.

"While many industry providers continue to retreat, we remain committed to providing powerful investment options and helpful variable annuity strategies. The addition of these subaccounts means financial professionals have even greater control over the allocation process, allowing clients to take advantage of opportunities available with our living benefit riders."

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