Asset Bridge® Calculator

Thank you for your interest in the Asset Bridge® feature offered by Transamerica Financial Life Insurance Company (“TFLIC”) in connection with your request for a certificate of participation.

As a business with an existing retirement plan, you understand the benefit of offering your employees the opportunity to save for retirement. The Asset Bridge® is designed to reduce surrender charges imposed by your prior investment provider.

The Asset Bridge® provides a credit which is allocated among participants. Then, in consideration of the credit, a monthly contract asset charge will be assessed to your participation account in the first five years. If you discontinue your participation account before the end of the five years, a discontinuance charge will apply. In effect, Asset Bridge® spreads out the cost of the surrender charges of your prior investment carrier over five years thereby avoiding the large one-time deduction to participant account balances at the time of transfer!

Asset Bridge® Quote
The estimated contract asset charge (CAC) is based on the estimated plan asset information you provided to us as shown in the quote below. If the actual amounts received differ from the estimates you provided, we reserve the right to modify the CACs accordingly.
ESTIMATED ANNUAL CONTRIBUTION: $ 
ESTIMATED TAKEOVER AMOUNT: $ 
ESTIMATED SURRENDER CHARGE AMOUNT: $ 
 
AS A % OF ANNUAL CONTRIBUTION: 0.00 %
AS A % OF TAKEOVER AMOUNT: 0.00 %
CONTRACT ASSET CHARGE: 0.0000 % (Annual)
0.0000 % (Monthly) (Annual/12)
*For the first five years of participation, your participation account will be assessed a monthly contract asset charge calculated by multiplying the monthly rate times your participation account value according to the schedule above.

Contract Discontinuance Charge*
If your participation account is discontinued during the first five participation account years, a discontinuance charge will apply. Based on the estimated amounts you provided to us, the contract discontinuance charge rates that will be assessed to your account are shown below.
Year 1 2 3 4 5 6
Discontinuance Charge % -  -  -  -  -  - 
*The amount of the contract discontinuance charge will be determined by multiplying the applicable rate of the discontinuance charge in the schedule above times the value of your participation account on the effective date of discontinuance. If the actual amounts received differ from the estimated amounts you provided, the actual rates may change.

If you should have any questions, please contact the Transamerica Retirement Services
Dedicated Call Center at (800) 524-8788.


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Transamerica Retirement Services ("Transamerica"), a marketing unit of Transamerica Financial Life Insurance Company ("TFLIC"), 440 Mamaroneck Avenue, Harrison, New York 10528, and other of its affiliates, specializes in the promotion of retirement plan products and services. Investment choices are available from Transamerica Retirement Services under contract form number TA-PC-2000-CONT and certificate of participation form number TA-PC-CERT, using a master group variable accumulation contract underwritten by TFLIC. This product is not available for issue in Hawaii, Nevada, Oklahoma, Washington, and South Dakota. TFLIC is not authorized and does not do business in the following jurisdictions: Guam, Puerto Rico, and the U.S. Virgin Islands. Fees and charges may apply. For complete information, contact your Transamerica representative. Not FDIC Insured. May Lose Value. No Bank Guarantee.

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