Liquidation: ML OF NEW YORK VARIABLE ANNUITY SEPARATE ACCOUNT D

Form Type: 497

Filing Date: 2025-07-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525159082

Filing Summary: This supplement details the closure and subsequent liquidation of the BlackRock Impact Mortgage Fund under the ML of New York Variable Annuity Separate Account D, issued by Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company. Effective at market close on September 8, 2025, all classes of the BlackRock Impact Mortgage Fund will be closed to new and subsequent investments. The liquidation of the portfolio will occur on or about September 19, 2025. Any contract value in the subaccount on the liquidation date will be exchanged for shares of the Transamerica BlackRock Government Money Market VP of equal value, which will then be held in the Money Market Subaccount. Automated transfer features such as Rebalancing Program or Dollar Cost Averaging will no longer be available from the liquidation date. This update is intended to inform contract holders of important changes to their investments and advises them to contact for alternative arrangements if necessary. The supplement serves to update previous prospectus information while maintaining all other initial details.

Form Type: 497

Filing Date: 2025-07-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525159083

Filing Summary: Effective at market close on September 8, 2025, all classes of BlackRock Impact Mortgage Fund will be closed to new and subsequent investments. Due to the liquidation of the underlying portfolio, effective on or about September 19, 2025, the subaccount associated with the BlackRock Impact Mortgage Fund will be liquidated. Contract value allocated to the Subaccount by the Liquidation Date will automatically exchange for shares of the Transamerica BlackRock Government Money Market VP, and customers will no longer be able to utilize automated transfer features with the Subaccount. The document serves as a supplement to the prospectuses dated May 1, 2014, and subsequent years, updating specific information while retaining other details from the Prospectus.