FEATURES FREEDOM PREMIER® III FREEDOM MULTIPLESM
Issue Age Range 0 to 90 Owner and Annuitant. Maximum issue age is 85 in Oklahoma and Minnesota. Maximum issue age is 0-90. Maximum issue age is 85 in Oklahoma.
POLICY SPECS
Minimum Premium
Maximum Premium
Variable annuities are tax deferred vehicles offering insurance options such as annuitization and death benefits.
Benefits
Fixed Account
Surrender Charge Free Withdrawal
ACCESS
Systematic Payout Option
Life with Emergency Cash®
Variable Annuities
Death Benefit
D E AT H B E N E F I T S
Death Benefit Options
Mortality & Expense Risk Fee (M&E)
FEES & CHARGES
Administrative Charge (A)
Surrender Charge Schedule
Annual Contract Charge
Death Benefit Rider
(M&E&A) Charge
1
Daily fee equal to the percent of the subaccount annually.
* Guarantees are based on the claims paying ability of WRL.
FREEDOM PREMIER® III FREEDOM MULTIPLESM
Fee: .60% of the Total Withdrawal Base of the “Principal Back” Withdrawal Guarantee* annually.
• Nonqualified $5,000 initial premium and $50 subsequent premiums Principal Protection Guarantee, 5% For Life and 7% Principal Back Withdrawal Guarantees.
• Qualified $1,000 initial premium and $50 subsequent premiums Rider can be added at any time before the age of 81 and may be terminated after the third anniversary.
• 403(b) no minimum initial premium
Rider fees are prorated upon termination.
In AL, MA, MD, and WA additional premiums are not allowed after the first policy year. In AL, KY, MA, MD, and WA additional premiums are not allowed after the first policy year.
Guaranteed Principal Solution (GPS) Rider
Portfolio Allocation Method (PAM): To help WRL protect GPS guarantees*, WRL uses PAM. WRL monitors policy value and may transfer amounts back and forth between PAM investment options and investment options
chosen by the owner. All transfers will be made at WRL’s discretion. With PAM, the policy value may be higher than without PAM during market declines, because PAM moves part of the assets to the PAM Investment
$1,000,000 for issue ages 0-80 without prior approval and $500,000 for 81-90 without prior approval.
Options. PAM does not assure a gain nor protect against a loss in a declining market. During rising markets the policy value may be lower with PAM because PAM may not move funds back into the owner's elected subac-
• Nursing Care and Terminal Conditions Waiver (not available in all states and can vary by state) counts as quickly as they might desire.
• Unemployment Waiver (not available in all states)
• Spousal Continuation
Fee: .55% of the policy value annually, deducted on each rider anniversary. Rider fees are terminated upon termination.
Guaranteed* 1.50% minimum
At time of death, provides a supplemental uncapped 30% (of policy value less any premiums added after the rider date) or 20% if purchased between ages 71 and 75. If a death benefit is payable within the first five
Beneficiary Earnings Enhancements – Extra II years after the rider date, the additional death benefit amount will be equal to the sum of all BEE-Extra II rider fees paid since the rider date.
Option to take up to 10% annually of the gross premium or any gains in the policy free of surrender charges. $500 minimum and $500 minimum cash value after distribution. (BEE-Extra II) Rider May be elected any time before age 76.
If premiums added after the rider date exceed the policy value at the time the death proceeds are calculated, no benefit is payable.
Monthly, quarterly, semi-annually and annually ($50 minimum and $40 monthly minimum in New Jersey). Available prior to annuitization.
Annuitization Option: Provides an income for the life of the annuitant and gives the option to take a partial withdrawal of at least $2,500 or a total surrender. Other annuitization options available that may be more suitable Fee: Daily charge equal to .15% of the separate account value annually.
for your clients. Please see prospectus. C-Share Rider N/A
Surrender charge: There is a surrender charge during the first four years after the annuity commencement date (4, 3, 2, 1, 0%). This option is not included in all states and it is referred to as Life With Available Cash in New Jersey. Eliminates the surrender charges during the accumulation phase.
Greatest of: Fee: Daily fee equal to an annual rate of 1.25% of daily net asset value in the subaccounts.
Initial Payment Guarantee* (IPG) Rider
OPTIONAL RIDERS
• Policy value on the date WRL receives the required information.
• Cash value on the date WRL receives the required information.
Guarantees* variable annuity payments will never be less than a percentage of the initial payment. IPG must be elected at the time of annuitization.
• Guaranteed* minimum death benefit on date of death, if any, plus premium payments, less gross partial withdrawals to the date the death benefit is paid.
Fee: Additional daily charge equal to .50% of the separate account value annually for the first
When your client purchases a policy they generally may choose one of the following optional guaranteed* minimum death benefits:
four policy years.
• Return of Premium Death Benefit Option: Allows beneficiaries upon the death of the annuitant to receive no less than the total premium payments less any adjusted partial withdrawals. The Return of Premium must be Liquidity Rider (L-Share) Rider Reduces the number of years each premium payment is subject to surrender charges. The surrender
N/A
elected at issue, before age 91.
• Annual Step-Up Death Benefit Option: Guarantees* an amount to beneficiaries equal to the highest policy value on a policy anniversary, plus premium payments and minus any adjusted partial withdrawals following the charge declines over a four-year period: 8.5, 8, 7, 6, 0%.
policy anniversary on which the higher policy value occurs. The step-up process stops at the earlier of the annuitant’s date of death or 86th birthday. Must be elected at issue, before age 81.
5% Annually Compounding Death Benefit Option: Provides for the total premium payments less any Fee: Additional daily charge equal to .25% of the separate account value annually for the base policy
adjusted partial withdrawals at an effective annual rate of 5% up to the earlier of the date of death or the Premium Enhancement Rider death benefit option.
annuitant’s 81st birthday. Must be elected at issue, before age 76. Not available when the Premium
Enhancement rider is elected. In WA this rate is fixed at 1.5%. Generally an annuity with a premium enhancement may have Adds an additional amount to the initial premium payment that is 4% of the initial premium payment. Fixed
higher expenses than a similar annuity without a premium at 4% in OR and WA. This percentage can change periodically. Subsequent premium enhancements can
N/A enhancement. Premium enhancements are treated as earnings for N/A
Double Enhanced Death Benefit Option: Represents the death benefit calculated using the greater of the vary from .25% to 7.0% and from premium to premium.
5% Annually Compounding Death Benefit or the Annual Step-Up Death Benefit. Must be elected at issue, tax purposes and will be subject to market risk when invested in May be elected at any time before age 71.
before age 76. Not available when the Premium Enhancement rider is elected. the variable subaccounts. Under certain circumstances the premi- The Premium Enhancement will be applied according to the same allocation as the premium payment.
Neither of these two Death Benefits are available with the Retirement Income Choice rider. um enhancement may be forfeited. See the prospectus for details.
Available with the Return of Premium and Annual Step-Up Death Benefits.
Base Policy Value Death Benefit – 1.10%1During the annuitization phase the M&E&A is 1.25%. Base Policy Value Death Benefit – 1.30%.1 During the annuitization phase the M&E&A is 1.25%.
Daily charge equal to .15% of the separate account value annually. Fee: Additional daily charge equal to .65% (policy years 1-4) or .15% (policy years 5+) of the separate
account value annually for the base policy death benefit option.
Eight Years: 8.5, 8, 7, 6, 5, 4, 3, 2% for each premium payment. In MN the surrender charge is based on Policy date. Three years: 9, 8, 7% for each premium payment. The MN surrender charges are based on the Policy date.
When the Premium Enhancement rider and L-Share rider are both purchased, the premium enhancement
$30 (waived if premiums less surrenders policy value equals or is greater than $50,000) Premium Enhancement and amount equal to 2% of the initial premium payment is added to the initial premium payment. The Premium
Enhancement is fixed at 2% in OR and WA. This percentage can change periodically. Subsequent premium N/A
In addition to the Base Policy Value Death Benefit Charge of 1.10% and administrative charge of .15% = 1.25%
1
L-Share (both purchased) Riders enhancements can vary from .25% to 7.0% and from premium to premium. The Premium Enhancement is
• Return of Premium Death Benefit Option - .05%, total of 1.30%1 In addition to the Base Policy Value Death Benefit Charge of 1.30% and administrative charge of .15% = 1.45%
1
fixed at 2% in OR and WA. May be elected at any time before age 71.
• Annual Step-Up Death Benefit Option - .25%, total of 1.50%1 • Return of Premium Death Benefit Option – .05%, total of 1.50%1
• 5% Annually Compounding Death Benefit Option - .30%, total of 1.55%1 • Annual Step-Up Death Benefit Option – .25%, total of 1.70%1 The Premium Enhancement will be applied according to the same allocation as the premium payment.
• Double Enhanced Death Benefit Option - .40%, total of 1.65%1 Available with the Return of Premium and Annual Step-Up Death Benefits.
Death Benefit options and charges will differ when additional riders are chosen.
Broker-dealer use only. Not for use with the public. Available with Premier® III Available with MultipleSM Features Common to Both N/A = Not Available *Guarantees are based on the claims paying ability of WRL. Broker-dealer use only. Not for use with the public. Available with Premier® III Available with MultipleSM Features Common to Both N/A = Not Available
VA High Commission Payment Option (Effective 05/01/2007) Contact Info Additional Disclaimers WRL Variable Annuity Product Guide FREEDOM PREMIER® III FREEDOM MULTIPLESM
WRL Freedom WRL Freedom Premier III WRL Freedom WRL Freedom Multiple 1-800-443-9975 Your clients should consider variable annuity investment objectives, Variable Annuities issued by:
WRL Sales Support ext. 1975 risks, charges and expenses carefully before they invest. The contract With Retirement Income Choice, the client can choose the right combination of features to
Premier III (With Premium Multiple (with C-Share Rider) suit their needs. They will only pay for the option they need, and won't pay for the ones
Enhancement Rider)* WRL Annuities Customer Service ext. 6538 and underlying fund prospectus contain this and other information they don't.
WRL Life Customer Service ext. 6539 about the variable annuity. Please call 1-800-443-9975, ext. 1975, The client can choose to structure the rider either as Single Life Option, or as Joint Life
Year 1 commission only. WRL Advanced Sales ext. 3400 to obtain a prospectus. Encourage clients to read it carefully before Western Reserve Life Assurance Co. of Ohio Option. Once that choice is made, they can select additional features to customize Issue Age:
AGE AGE AGE AGE Renewals not available. WRL Licensing & Contracting ext. 6564 Retirement Income Choice with the appropriate fees added to the base rider cost.
Year 1 and Renewal investing. 0-85
0-75 7.00% 0-70 5.50% 0-75 5.00% 0-75 1.25% WRL Life New Business 800-597-7750 Fee: The fee for the rider and its optional benefits are deducted annually (pro-rated upon rider termination)
Commission
76-85 4.30% 71-85 3.50% 76-85 3.50% 76-85 0.85% and are a percentage of the Withdrawal Base (WB).
86+ 1.75% 86+ 2.00% 86+ 2.75% 86+ 0.85% Overnight applications and requests Certain conditions and restrictions apply to the riders, Retirement
570 Carillon Parkway options, waivers, features and benefits. See the prospectus for Retirement Income Choice Single Life Joint Life Income
YEARS YEARS YEARS AGE Available in Year 2. more details.
Trail Commission St. Petersburg, FL 33716 Retirement Income Choice – Base Rider: This rider offers guaranteed growth and Choice rider
2-8 0.00% 2-8 0.00% 2-3 0.00% 0-75 1.10% guaranteed lifetime withdrawals based on age, and current 5% compounded
(Separate Account
9+ 1.00% 9+ 0.40% 4+ 1.00% 76-85 0.70% All other requests and correspondence This brochure is intended to provide a summary of the growth on the WB each year for up to 10 years. The growth would not apply in 0.60% 0.90%
Policy Value Only) With RIC, you can
86+ 0.60% rider years withdrawals are taken, and does not apply to the policy value,
P.O. Box 5068 WRL Freedom Premier® III and WRL Freedom MultipleSM. optional death benefits or other optional benefits. help your VA clients
Notes: Year 1 and renewal commissions for policies are based on the Notes: Commissions for policies are based on the attained Clearwater, FL 33758-5068 See the prospectus for more details. prepare for future
attained age of the annuitant. WRL reserves the right to charge back age of the annuitant. There are no charge backs for the Income Enhancement Benefit: Income Enhancement Benefit: For an additional eventualities by
commissions attributable to amounts surrendered during the first policy Freedom Multiple and Freedom Multiple (with C-Share www.westernreserve.com fee, this benefit will double the withdrawal percentage they are currently preparing them for
Distributions are subject to ordinary income tax and if taken receiving if your client (or, if the joint life option is selected, your client’s spouse)
year according to the provisions of the Nursing Care and Terminal Rider). were to be confined in a facility as defined in the rider for 180 days of the last 365 +0.15% +0.30% the possibilities of:
prior to 591⁄2 may be subject to a 10% federal tax penalty.
Condition Withdrawal Option or Unemployment Waiver riders. The days. This benefit may not be added if they are already residing in such a facility, • Inflation
amount charged back will equal the amounts surrendered multiplied by the
commission percentage. *The above commissions are as a percentage of
premium excluding the Premium Enhancement.
Key Know your customer – do complete fact-finding, which includes
and must be in place for one year prior to receiving benefits. The one-year
waiting period and 180-day elimination period may occur simultaneously.
• Market downturns
• Longevity risk
reasonable efforts to obtain the customer’s age, income, net • Potential health
Shaded entries = feature variation: Death Benefit: An additional death benefit is available with that will pay the
worth tax status, insurance needs financial objectives, liquidity greater of the Rider Death Benefit, the base policy death benefit, or the care expenses
This is not intended to represent a complete compensation schedule. The High Commission Payment Option is not available when certain

OPTIONAL RIDER
Available with Premier® III Available with MultipleSM needs, time horizon, risk tolerance and any other applicable Guaranteed Minimum Death Benefit, if applicable. If the joint life option is +0.25% +0.20%
riders or death benefit options are added to the policy. Please note there are other commission options available and that once a
commission choice has been specified it cannot be amended after issue. information necessary for a purchase recommendation. selected, this benefit will pay out upon the latter of the annuitant's
Features Common to Both N/A = Not Available (or annuitant’s spouse) death.
Recommend only those products that meet your customer’s
needs and fully disclose product benefits, limitations, fees,
penalties, etc. Withdrawal Benefit
Variable annuities are long-term vehicles designed for retirement purposes and contain investment portfolios that are The first withdrawal may be taken starting on the rider anniversary following the annuitant's 59th
subject to market fluctuation, investment risk and possible loss of principal. Withdrawals of taxable amounts will be birthday. If the joint Life option is selected, the withdrawal percentage is determined based on the attained HIGHLIGHTED
Replacing an old policy with a new one can be a legitimate part age of the younger of the annuitant or the annuitant’s spouse at the time of the first withdrawal starting
subject to ordinary income tax, and if taken before age 59 1⁄2, a 10% federal income tax penalty may apply. of selling annuity products. The key question is whether the on the rider anniversary following the 59th birthday of the younger life. Withdrawals in excess of the FEATURES:
replacement is appropriate to the client. Before recommending guaranteed* withdrawal percentage or prior to age 59, will result in a decrease in the dollar amount of • Guaranteed
a replacement, the customer’s entire insurance portfolio should withdrawals available under the rider. Withdrawals may be subject to surrender charges. Guaranteed*
withdrawals will cease if withdrawals in excess of the percentage allowed under the rider reduce the
Growth
be reviewed carefully to determine if the replacement is in the
customer’s best interest. If it is inappropriate, then it should not WB to zero. Retirement Income Choice withdrawals reduce the policy value, death benefits and other • Lifetime
take place. annuity values. Withdrawals
Income Enhancement Benefit
• Automatic
Attained Age
Annual Annual Withdrawal % with Income Step-Up
Withdrawal % Enhancement Benefit
• Income
59-69 5% 10% Enhancement
70-79 6% 12%
80+ 7% 14% • Upgrades

All Policies, riders and forms may vary by state, and may not be available in Automatic Step-Up
all states. With the Automatic Step-Up, the WB is annually set to equal the highest level the policy value reached on
Variable Annuities offered by: any rider month anniversary (rider monthiversary) that year if that value exceeds the 5% growth to the WB.
AV992 101 177 703; AV998 101 177 703; AV1010 101 177 703; In years when excess withdrawals are taken, only the policy value on the rider month anniversary will not
Western Reserve Life Assurance Co. of Ohio AV1086 101 183 1203; AV1091 101 183 1203; AV1106 101 183 1203; *Guarantees are
Home Office: Columbus, Ohio RTP 17 0103:; RTP 17 0103(OR); RGMD 9 0703; RGMD 9 0703(OR); be considered. The rider fee percentage may increase with an Automatic Step-Up however the rider fee
Administrative Office Address: P.O. Box 5068 cannot change in the first five years, and the maximum rider fee percentage allowed is 0.75% higher than
based on the
RGMD 11 0703; RGMD 11 0703(OR); RGMD 10 0703; RGMD 10 0703(OR);
Clearwater, Florida 33758-5068 RGMD 12 0703; RGMD 12 0703(OR); RLS 7 0703; RLS 7 0703(OR)(REV); the initial percentage. claims paying
Underwriter and Distributor: Transamerica Capital, Inc. RER 6 105; RER 6 105(NUE); RER 6 105(OR); RGMB 5 0504; ability of WRL.
www.westernreserve.com RGMB 5 0504(FL); RGMB 5 0505(OR); RGMB 28 0108, RGMB 30 0108, Upgrades and Termination
Customer Service: 1-800-443-9975 RGMB 28 0108 (IS)(FL), RGMB 30 0108 (IS)(FL), other versions also Client may terminate or upgrade their rider within 30 days following each 5th year rider anniversary.
available, RGMB 28 0108 (IS)(OR), RGMB 28 0108 (IJ)(OR),

MS230552IBD-01/08
RGMB 28 0108 (AS)(OR), RGMB 28 0108 (AJ)(OR), RGMB 30 0108 (IS)(OR),
RGMB 30 0108 (IJ)(OR), RGMB 30 0108 (AS)(OR), RGMB 30 0108 (AJ)(OR); Investment options with this rider are limited.
Multiple C-Share Rider Form #RDR 2 105;
Oregon C-Share Rider Form #RDR 2 105(OR)

Broker-dealer use only. Available with Premier® III Available with MultipleSM Features Common to Both N/A = Not Available
MS230552IBD-01/08 Broker-dealer use only. Not for use with the public. Not for use with the public. Broker-Dealer Use Only. Not for use with the public.