Our Asset Bridge^SM* provision makes changing providers easier by reducing the negative impact of the prior provider’s surrender charges.

Here's how it works:

The prior provider is paid the plan’s surrender charges.

Transamerica Retirement Services will arrange to issue a make up amount to the plan’s new account in the TFLIC certificate of participation. This make up amount will reduce the amount of the surrender charges of the prior provider.

Then, in consideration of the make up amount, a monthly contract asset charge is assessed for the first five years the certificate of participation is in-force. Additionally, if the certificate of participation is discontinued for any reason during this five year period, a surrender charge applies to the discontinuance.

Click here to find out more about Asset Bridge^SM.

If you would like an estimate of the contract asset charges and the discontinuance charges that may apply if you elect the Asset Bridge^SM, click here for a quote.

* Group variable annuity contracts with enhancements such as the Asset Bridge^SM feature generally have higher expenses than those without enhancements, and the contract owner(s) should consider expenses along with the feature to be sure the annuity meets their financial needs and goals. The Asset Bridge^SM is an optional feature, available subject to underwriting guidelines, under the group variable annuity contract. In the event of discontinuance, for the first several years, policies with the Asset Bridge^SM feature will be subject to discontinuance charges.