Transamerica has worked with Annexus — an indexed annuity designer — to develop a new indexed annuity contract, the Transamerica Secure Retirement Index II Annuity contract.
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The contract offers purchasers access to the NYSE Expanded Opportunities Index.
The NYSE Expanded Opportunities Index comes from ICE Data Indices. Like the New York Stock Exchange, ICE Data is a division of the Intercontinental Exchange.
The new contract may also give users access to the S&P 500 index, the MSCI EAFE index and other investment index options, according to a contract form filed with insurance regulators in the District of Columbia.
Transamerica has also updated the optional Transamerica Income Plus lifetime income benefit.