Updating Summary Prospectus (Form 497VPU)

 

special TERMS_____________________________________________________________________	1
summary of policy features that have changed_____________________________________	2
important INFORMATION you should consider about the policy_______________________	3
APPENDIX
investment options AVAILABLE UNDER THE POLICY__________________________________	6

special TERMS

Administrative Office - Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company, Attention: Customer Care Group, 6400 C Street SW, Cedar Rapids, IA 52499, (800)525-6205.

Annuitant - The person on whose life any annuity payments involving life contingencies will be based.

Annuity Commencement Date - The date upon which annuity payments are to commence. This date may not be later than the last day of the Policy month following the month in which the Annuitant attains age 99 (earlier if required by state law).

Fixed Account - One or more Investment Options under the Policy that are part of our general assets and are not in the Separate Account.

Investment Option(s) - The Subaccounts and the Fixed Account.

Owner (You, Your) - The person who may exercise all rights and privileges under the Policy.

Policy - The Transamerica Advisory AnnuitySM, an individual deferred, flexible premium variable annuity. Also referred to as the contract.

Policy Date - The date shown on the Policy data page attached to the Policy and the date on which the Policy becomes effective.

Policy Year - A Policy Year begins on the Policy Date and on each anniversary thereafter.

Policy Value - On or before the Annuity Commencement Date, the Policy Value is equal to the Owner's:

Portfolio Company(ies) - The investment company(ies) made available as Investment Options under the Policy. Also referred to as underlying fund portfolios.

Separate Account Value - The portion of the Policy Value that is invested in the Separate Account.

Subaccount - A subdivision within the Separate Account, the assets of which are invested in a specified Underlying Fund Portfolio.

summary of policy features that have changed

The information in this Updating Summary Prospectus is a summary of certain Policy features that have changed since the last current Prospectus. This may not reflect all of the changes that have occurred since You entered into Your Policy.

important INFORMATION you should consider about the policy 

	FEES AND EXPENSES			Location in Prospectus
Are There Charges for Early Withdrawal?	No. There are no surrender charges.			Annuity Policy Fee Tables and Expense Examples
Are There Transaction Charges?	Yes. You may be assessed a special service fee. Special Service Fee. We reserve the right to deduct a charge for special services, including overnight delivery, duplicate policies, handling insufficient checks on new business, duplicate Form 1099 and Form 5498 tax forms, check copies, printing and mailing previously submitted form, and asset verification requests from mortgage companies.			Annuity Policy Fee Tables and Expense Examples Expenses - Transaction Expenses
Are There Ongoing Fees and Expenses? (annual charges)	Yes. The table below describes the fees and expenses that You may pay each year, depending on the options You choose. Please refer to Your Policy specifications page for information about the specific fees You will pay each year based on the options You have elected.			Annuity Policy Fee Tables and Expense Examples Base Contract Expenses Appendix - Investment Options Available Under the Policy
	Annual Fee	Minimum	Maximum
	Base Policy1	0.11%	0.48%
	Portfolio Company (fund fees and expenses)2	0.29%	1.36%
	Optional Benefit Expenses (if elected)1	0.20%
	1 As a percentage of average Policy Value.
	2 As a percentage of Portfolio Company assets.
	Because Your Policy is customizable, the choices You make affect how much You will pay. To help You understand the cost of owning Your Policy, the following table shows the lowest and highest cost You could pay each year based on current charges. This estimate assumes that You do not take withdrawals from the Policy.
	Lowest Annual Cost $421	Highest Annual Cost $1,001
	Assumes:	Assumes:
	●Investment of $100,000 ●5% annual appreciation ●Least expensive Portfolio Company fees and expenses ●No optional benefits ●No sales charges ●No additional purchase payments, transfers, or withdrawals	●Investment of $100,000 ●5% annual appreciation ●Most expensive combination of optional benefits and Portfolio Company fees and expenses ●No sales charges ●No additional purchase payments, transfers, or withdrawals
	RISKS			Location in Prospectus
Is There a Risk of Loss From Poor Performance?	Yes. You can lose money by investing in this Policy.			Principal Risks of Investing in the Policy

APPENDIX

investment options AVAILABLE UNDER THE POLICY

The following is a list of current Portfolio Companies available under the Policy, which are subject to change as discussed in this prospectus.

Certain Subaccounts may not be available in all states, at all times or through all financial intermediaries. We may discontinue offering any Subaccount at any time. In some cases, a Subaccount not available through a financial intermediary may be obtained by contacting us directly. For more information on the options available for electing a Subaccount, please contact a financial intermediary or our Administrative Office.

More information about the Portfolio Companies is available in the prospectuses for the Portfolio Companies, which may be amended from time to time and can be found online at http://dfinview.com/Transamerica/TAHD/89390D540?site=VAVUL. You can also request this information at no cost by calling our Administrative Office at (800)525-6205.

The current expenses and performance below reflects fee and expenses of the Portfolio Companies, but do not reflect the other fees and expenses that Your Policy may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Portfolio Company's past performance is not necessarily an indication of future performance. 

Investment Objective	Underlying Fund Portfolio and Adviser/Sub-adviser (1)	Current Expenses	Average Annual Total Returns (as of 12/31/24)
			1 year	5 years	10 years
To achieve long-term capital appreciation.	Dimensional VA Equity Allocation Portfolio(3)   Advised by: Dimensional Fund Advisors LP	0.48%	15.10%	10.74%	10.27%
Provide a market rate of return for a fixed income portfolio with low relative volatility of returns.	Dimensional VA Global Bond Portfolio - Institutional Class (4)   Advised by: Dimensional Fund Advisors LP	0.21%	5.38%	0.81%	1.53%
To see total return consisting of capital appreciation and current income.	Dimensional VA Global Moderate Allocation Portfolio (5)   Advised by: Dimensional Fund Advisors LP	0.44%	11.99%	7.77%	6.95%
To achieve long-term capital appreciation.	Dimensional VA International Small Portfolio (6)   Advised by: Dimensional Fund Advisors LP	0.39%	3.82%	4.11%	5.91%
To achieve long-term capital appreciation.	Dimensional VA International Value Portfolio (7)   Advised by: Dimensional Fund Advisors LP	0.28%	6.62%	7.08%	5.62%
To achieve a stable real return in excess of the rate of inflation with minimum risk.	Dimensional VA Short-Term Fixed Portfolio (8)   Advised by: Dimensional Fund Advisors LP	0.12%	5.48%	1.91%	1.57%
To achieve long-term capital appreciation.	Dimensional VA U.S. Large Value Portfolio (9)   Advised by: Dimensional Fund Advisors LP	0.21%	13.38%	8.43%	8.52%
To achieve long-term capital appreciation.	Dimensional VA U.S. Targeted Value Portfolio (10)   Advised by: Dimensional Fund Advisors LP	0.28%	8.14%	12.55%	9.46%
Seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index.	Transamerica S&P 500 Index VP - Initial Class Advised by: SSGA Funds Management, Inc.	0.12%	24.54%	14.06%	13.92%
To provide long-term capital appreciation and reasonable current income.	Vanguard® VIF Balanced Portfolio   Advised by: Wellington Management Company, LLP	0.20%	14.80%	8.18%	8.37%
To provide long-term capital appreciation.	Vanguard® VIF Capital Growth Portfolio   Advised by: PRIMECAP Management Company	0.34%	13.41%	11.86%	12.36%

investment options AVAILABLE UNDER THE POLICY - (Continued)

Investment Objective	Underlying Fund Portfolio and Adviser/Sub-adviser (1)	Current Expenses	Average Annual Total Returns (as of 12/31/24)
			1 year	5 years	10 years
To provide current income and low to moderate capital appreciation.	Vanguard® VIF Conservative Allocation Portfolio   Advised by: The Vanguard Group, Inc.	0.13%	7.49%	4.03%	4.89%
To provide long-term capital appreciation and income.	Vanguard® VIF Diversified Value Portfolio   Advised by: Barrow, Hanley, Mewhinney, & Strauss, LLC	0.28%	14.88%	12.24%	9.75%
To provide an above-average level of current income and reasonable long-term capital appreciation.	Vanguard® VIF Equity Income Portfolio   Advised by: Wellington Management Company, LLP and Vanguard's Equity Investment Group	0.29%	15.12%	9.85%	9.89%
Seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks.	Vanguard® VIF Equity Index Portfolio   Advised by: Wellington Management Company, LLP and Vanguard's Equity Investment Group	0.14%	24.84%	14.36%	12.94%
Seeks to track the performance of a benchmark index that measures the investment return of the global, investment-grade, fixed income market.	Vanguard® VIF Global Bond Index Portfolio   Advised by: The Vanguard Group, Inc.	0.13%	2.03%	-0.22%	N/A
Seeks to provide long-term capital appreciation.	Vanguard® VIF Growth Portfolio   Advised by: Jackson Square Partners, Wellington Management Company, LLP	0.34%	33.13%	15.95%	14.67%
Seeks to provide a high level of current income.	Vanguard® VIF High Yield Bond Portfolio   Advised by: Wellington Management Company, LLP	0.24%	6.30%	3.37%	4.53%
Seeks to provide long-term capital appreciation.	Vanguard® VIF International Portfolio   Advised by: Baillie Gifford Overseas Ltd., M&G Investment Management Limited, and Schroder Investment Management North America Inc.	0.31%	9.01%	6.26%	8.40%
Seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks.	Vanguard® VIF Mid-Cap Index Portfolio   Advised by: Vanguard Equity Investment Group	0.17%	15.07%	9.70%	9.41%
Seeks to provide capital appreciation and a low to moderate level of current income.	Vanguard® VIF Moderate Allocation Portfolio   Advised by: The Vanguard Group, Inc.	0.13%	10.32%	6.06%	6.51%
Seeks to provide current income while maintaining liquidity and a stable share price of $1.	Vanguard® VIF Money Market Portfolio(2)   Advised by: Vanguard's Fixed Income Group	0.15%	5.19%	2.43%	1.80%
Seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REIT's.	Vanguard® VIF Real Estate Index Portfolio   Advised by: Vanguard Equity Investment Group	0.26%	4.74%	2.84%	4.99%
Seeks to provide current income while maintaining limited price volatility.	Vanguard® VIF Short-Term Investment-Grade Portfolio   Advised by: Vanguard's Fixed Income Group	0.14%	4.89%	1.97%	2.24%
Seeks to track the performance of a broad, market-weighted bond index.	Vanguard® VIF Total Bond Market Index Portfolio   Advised by: Vanguard's Fixed Income Group	0.14%	1.24%	-0.38%	1.25%
Seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in developed and emerging markets, excluding the United States.	Vanguard® VIF Total International Stock Market Index Portfolio   Advised by: The Vanguard Group, Inc.	0.11%	5.05%	4.22%	N/A

investment options AVAILABLE UNDER THE POLICY - (Continued)

Investment Objective	Underlying Fund Portfolio and Adviser/Sub-adviser (1)	Current Expenses	Average Annual Total Returns (as of 12/31/24)
			1 year	5 years	10 years
Seeks to track the performance of a benchmark index that measures the investment return of the overall stock market.	Vanguard® VIF Total Stock Market Index Portfolio   Advised by: The Vanguard Group, Inc.	0.13%	23.71%	13.66%	12.36%

There are no Portfolios that have been closed to new investments or new investors.

The Prospectus and Statement of Additional Information (SAI) include additional information. The Prospectus and SAI which have the same effective date as this summary prospectus are incorporated by reference as amended or supplemented. The Prospectus and SAI are available without charge upon request. For a free copy call us at (800)525-6205 or write us at:

Transamerica Life Insurance Company or Transamerica Financial Life Insurance Company
6400 C Street S.W.
Cedar Rapids, IA 52499

Reports and other information about the Separate Account are available on the SEC's website at sec.gov, and copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: [email protected].