Unlocking Social Security

Influence. Giannini soon establishes Transamerica Corporation as a holding company for his rapidly expanding financial empire.* He becomes instrumental in bankrolling California’s wine and agricultural industries, Hollywood’s burgeoning movie business, and the construction of the Golden Gate Bridge. By 1946, he has created the largest private bank in the world.

Vision. Yet despite his extraordinary success, he cared little of his own personal wealth and had only a modest estate at the time of his death. A.P. Giannini was a titan of American commerce who was always about providing opportunity to ordinary people.

That vision still lives today.

The Quake. April 18, 1906. A catastrophic earthquake shatters the early morning silence in San Francisco. A.P. Giannini, a young banker with a reputation for helping small merchants and immigrant farmers, takes decisive action. As fires bear down on his Bank of Italy, he loads the vault’s gold and money onto a borrowed produce wagon and moves his precious cargo to safety outside the city.

Courage. A.P. is focused on one thing: helping residents rebuild. Within days, on a city dock near North Beach, he creates a makeshift desk of a wooden plank straddling two barrels, and reopens for business. A.P. extends credit to anyone in need, with only a handshake as collateral. With this simple act, based on openness and trust, the reconstruction of San Francisco begins and a remarkable American story is born.

*Today, the Transamerica insurance companies include Transamerica Life Insurance Company, Transamerica Financial Life Insurance Company, and investment advisor Transamerica Asset Management, Inc.

call your wholesaler or transamerica’s sales desk at 1-800-851-7555 to order your kit today.

Annuities are issued by Transamerica Life Insurance Company, 4333 Edgewood Road NE, Cedar Rapids, Iowa 52499 and Transamerica Financial Life Insurance Company, 440 Mamaroneck Avenue, Harrison, New York 10528 (Service office: 4333 Edgewood Road NE, Cedar Rapids, IA 52499). Transamerica Financial Life Insurance Company is licensed in New York. Transamerica Life Insurance Company is licensed to do business in all states (including Puerto Rico, Guam and the Virgin Islands) except New York. Transamerica Funds are mutual funds advised by Transamerica Asset Management, Inc. Variable annuities and mutual funds are distributed by Transamerica Capital, Inc. References to Transamerica pertain either individually or collectively to these Transamerica companies.

This material is provided for educational purposes only and does not constitute investment advice. The information contained herein is based on current tax laws, which may change in the future. Transamerica cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided or from any other source mentioned. The information provided does not constitute any legal, tax or accounting advice. Please consult with a qualified professional for this type of advice.

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