35 TFA provides a range of financial and investment products,  operating as a retail broker-dealer registered with the FINRA and  an investment adviser registered with the SEC. Products offered  by TFA include mutual funds, variable life insurance, variable  annuities and other securities. Aegon USA offers retirement plans, pension plans, and pension- related products and services, as well as step-by-step guidance  to people who are transitioning to, or living in, retirement related  to five key areas, - lifestyle, investments, health care, protection  and income. Aegon USA covers a range of different retirement plans, including:  As of January 2013, Diversified Retirement Corporation,  Transamerica Retirement Services, and Transamerica Retirement  Management were rebranded Transamerica Retirement Solutions. Transamerica Retirement Solutions is a leading provider of  retirement plans in both the institutional market (mid- to  large-sized organizations) and the emerging market (small U.S.  employers). Transamerica Retirement Solutions provides a comprehensive  and customized approach to retirement plan management  for mid- to large-sized defined contribution, defined benefit  and non-qualified deferred compensation retirement plans.  Transamerica Retirement Solutions’ institutional market clients  are generally organizations with 250 to 100,000 employees and  between USD 15 million and USD 2 billion in retirement assets. Transamerica Stable Value Solutions (SVS) provides synthetic  guaranteed investment contracts (GICs) in the United States,  primarily to tax-qualified institutional entities such as 401(k)  plans and other retirement plans. SVS provides a synthetic GIC  'wrapper' around fixed-income invested assets, which are owned  by the plan and managed by the plan or a third party money  manager hired by the plan. A synthetic GIC is typically issued  with an evergreen maturity and may be terminated under certain  conditions. Such a contract helps to reduce fluctuations in the  value of the wrapped assets for plan participants, and provides  book value benefit-responsiveness. In the institutional market, Transamerica Retirement Solutions  offers a wide array of investment options designed to  create a fully customized investment line-up for clients, and  a personalized retirement funding strategy for their retirement  plan participants. Transamerica Retirement Solutions’ open  architecture investment platform provides access to a broad  range of investment options, including institutional and retail  mutual funds, registered or non-registered variable annuities,  and a collective investment trust. The investment options offered  in each plan are selected by the client or the client’s financial  adviser. In the emerging market, Transamerica Retirement Solutions  offers fully bundled and partially bundled retirement plan  solutions to small and mid-sized employers. These plans are  predominantly supported by a group variable annuity product,  where plan assets are invested primarily in separate account  investment choices, including bond and equity investment  choices, and cash equivalent choices. A fixed account cash  vehicle may also be available on most plans. The investment  choices are selected by the client or by the client’s financial  adviser. Single premium group annuities (Terminal Funding) is a non- participating group annuity product. This product is commonly  used for an insurance company takeover of a terminating defined  benefit pension plan. The company receives a single deposit from  the contract holder and in return guarantees the payment of  benefits to participants. Usually these annuity payments are paid  monthly for the life of the participant or participant and spouse,  commencing immediately for retired participants or at some date  in the future for deferred participants. Employer Solutions & Pensions Products Retirement plans Sales and distribution Single premium group annuities ■ 401(k) - a type of deferred compensation plan sponsored by  a corporation (including subchapter S), self-employed  individual, sole proprietorship, partnership or non-profit  organization;  ■ 403(b) - a type of deferred compensation plan for certain  employees of tax-exempt organizations and certain minister; ■ 457(b) - a type of deferred compensation plan sponsored by  governmental and certain non-governmental employers in the  United States; ■ Deferred compensation plan - a plan or agreement that  defers the payment of a portion of the employee’s  compensation to a future date and which may also include  a contribution made by the employer for the employee’s  benefit; ■ Defined benefit - a pension plan in which an employer  promises a specified monthly benefit on retirement that is  predetermined by a formula based on the employee's  earnings history, tenure of service and age; ■ Defined contribution - a plan in which the contributions made  to the plan by the employee and/or employer are allocated to  the employee’s individual account under the plan. Examples  of defined contribution plans include 401(k) plans, 403(b)  plans, 457(b) plans, money purchase plans and profit-sharing  plans; ■ Profit-sharing - a type of defined contribution plan in which  the employer may make a contribution, on behalf of the plan  participants, to the plan each year, either out of the  company's profits or otherwise. 