Document:

Exhibit 10.C

 EXHIBIT (10)(c) 
  
 OPINION AND CONSENT OF ACTUARY 

 [Western Reserve Life Assurance Co. of Ohio Letterhead] 
  
 April 1, 2005 
  
 Western Reserve Life Assurance Co. of Ohio 
 4333 Edgewood Road NE 
 Cedar Rapids, Iowa 52499-0001 
  

	Re:	WRL Freedom Attainer® Variable Annuity 

 WRL Series Annuity Account

 Registration on Form N-4 
  
 Dear Sir/Madam: 
  
 With regard to the above registration statement, I have examined such documents and made such inquiries as I have deemed necessary and appropriate, and on the basis of such examination, have the following
opinions: 
  
 Fees and charges deducted under the WRL Freedom
Attainer® Variable Annuity policies are those
deemed necessary to appropriately reflect: 
  

	(1)	the expenses incurred in the acquisition and distribution of the policies; 

  

	(2)	the expenses associated with the development and servicing of the policies; and 

  

	(3)	the assumption of certain risks arising from the operation and management of the policies and/or riders to the policy and that provides for a reasonable margin of profit.

  
 Fees and charges assessed against the policy values in the
variable account include: 
  

	(i)	Service Charge and Administrative Charge; 

  

	(ii)	Mortality and Expense Risk Fee (M&E); 

  

	(iii)	Taxes (including premium and other taxes if applicable); 

  

	(iv)	Surrender Charges; and 

  

	(v)	Any applicable rider fees or charges. 

 Western Reserve Life Assurance Co. of Ohio 
 April 1, 2005 
 Page 2 
  
 The magnitude of each of the individual charges listed above in (i) through (v) is established in the pricing of the WRL Freedom Attainer® Variable Annuity, to achieve a reasonable Return on Investment (ROI), which is
within the range of industry practice with respect to comparable variable annuity products. 
  
 Except by coincidence, it is not expected that actual charges assessed in a given year would exactly offset actual expenses incurred. Acquisition expenses (as well as major product and/or systems development expenses)
are incurred “up front” and recovered, with a reasonable profit margin, through future years’ charges. In addition, the company cannot increase certain charges under the policies in the pricing process. 
  
 Therefore, in my opinion, the fees and charges deducted under the policies, in the aggregate,
are reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed by the company. 
  
 I hereby consent to the use of this opinion, which is included as an Exhibit to the registration statement. 
  

	
	 /s/ Richard Greer

	Richard Greer, FSA, MAAA
	Managing Actuary
	Western Reserve Life Assurance Co. of OhioExhibit 4.F

 Exhibit 4(f) 
 Form of 5 For Life Rider 
  

							
	WESTERN RESERVE LIFE	  	 	 	Administrative Office:	 	 
	ASSURANCE CO. OF OHIO	  	 	 	4333 Edgewood Road N.E.	 	 
	 A Stock Company
	  	 	 	Cedar Rapids, Iowa 52499	 	 
	 (Hereafter called the Company, We, Our or Us)
	  	 	 	(800) 553-5957	 	 
	 Home Office: Columbus, Ohio
	  	 	 	 	 	 

  
 GUARANTEED MINIMUM
WITHDRAWAL BENEFIT RIDER 
  
 This rider is issued as a part of the policy
(contract) to which it is attached. Policy refers to the individual policy if the rider is attached to an individual annuity or the group certificate if the rider is attached to a group annuity. 
  
 Rider Data Specification 
  

							
	 Policy Number:
	  	 	  	07 – 12345	 	 
	 Rider Date:
	  	 	  	01–01–2004	 	 
	 “For Life” Withdrawal Percentage:*
	  	 	  	5.00%	 	 
	 Rider Fee Percentage:
	  	 	  	0.60%	 	 

  

	*	lf the annuitant is not yet [59] on the rider date, then this percentage will be zero until the January 1st following the annuitants [59th] birthday. 

  

  
 ARTICLE I 
  
 This rider is not available for an existing qualified policy which has been continued by a surviving spouse or beneficiary as the new owner. This rider will terminate upon the annuitant’s death, if you surrender
your policy, elect to upgrade, (as described in Article III of this rider), transfer funds out of the designated funds after the [third] rider anniversary (transfers, as provided for in the base policy, out of the designated funds are prohibited
prior to the [third] rider anniversary), or elect to receive annuity payments under your policy. This rider will also terminate if the policy to which this rider is attached is assigned or if the owner is changed without our approval. You can
terminate this rider any time after the [third] rider anniversary. 
  
 A rider fee
will be deducted on each rider anniversary and upon rider termination as described below. 
  
 DEFINITIONS: 
  
 Terms used that are not
defined in this rider shall have the same meaning as those in your base policy. 
  
 Gross Partial Withdrawal 
  
 The amount which will be deducted
from your policy value as a result of each partial withdrawal. 
  
 Rider
Anniversary 
  
 The anniversary of the rider date. 
  
 Rider Fee 
  
 The rider fee is the rider fee percentage referenced above, multiplied by the total withdrawal base at the time the fee is deducted. This
fee will be deducted from each investment option in proportion to the amount of policy value in that investment option on each rider anniversary. A portion of this fee will also be deducted when the rider is terminated based on the number of days
that have elapsed since it was last deducted. 
  
 Rider Year 
  
 Each twelve-month period following the rider date. 
  

			
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 ARTICLE II 
  
 FOR LIFE GUARANTEED MINIMUM WITHDRAWAL BENEFIT 
  
 Under this rider, we guarantee that you can withdraw up to the maximum annual withdrawal amount each year, regardless of the policy value, until the annuitant’s
death. 
  
 Withdrawals will reduce the policy value of the base policy to which
this rider is attached. Once the policy value equals zero, you cannot make subsequent premium payments and all other policy features, benefits and guarantees are terminated except those provided by this rider. Withdrawals guaranteed by this rider
can be continued by selecting an amount and frequency of payment in a manner acceptable to us. Once the payment amount and frequency are established, they cannot be changed and no additional withdrawals will be paid. 
  
 Maximum Annual Withdrawal Amount 
  
 On the rider date the maximum annual withdrawal amount will be equal to A multiplied by B
multiplied by C where: 
  

	A)	is the total withdrawal base on the rider date, 

  

	B)	is the “For Life” withdrawal percentage shown on page 1. If the annuitant is not yet [59] on the rider date, this percentage will be equal to 0%, and

  

	C)	is equal to the number of days between the rider date and January 1st of the next calendar year, divided by the number of days in the current calendar year.

  
 On January 1st of each subsequent calendar year following the
rider date, the maximum annual withdrawal amount will be reset equal to the greater of 1 and 2 where: 
  

	1)	is A multiplied by B where: 

  

	 	A)	is the total withdrawal base as of this date, and 

  

	 	B)	is the “For Life” withdrawal percentage shown on page 1. If the annuitant is not yet [59] on January 1st of the current calendar year, this percentage will be equal to 0%.

  

	2)	is an amount equal to the minimum required distribution amount for this base policy for the current calendar year using the annuitant’s age only if all of the following
are true: 

  

	 	A)	the base policy to which this rider is attached is a tax-qualified policy for which IRS minimum required distributions are required, 

  

	 	B)	the minimum required distributions do not start prior to the annuitants attained age 70 1/2, 

  

	 	C)	the minimum required distributions are based on either the Uniform Lifetime table or the Joint Life and Last Survivor Expectancy table, 

  

	 	D)	the minimum required distributions are based on age of the living annuitant. The minimum required distributions can not be based on the age of someone who is deceased,

  

	 	E)	the minimum required distributions are based only on the policy to which this rider is attached, and 

  

	 	F)	the minimum required distributions are only for the current calendar year. Amounts carried over from past calendar years are not considered. 

  
 If any of the above are not true, then 2) is equal to zero and the minimum
required distribution is not available as a maximum annual withdrawal amount 
  
 Minimum Remaining Withdrawal Amount 
  
 The minimum remaining
withdrawal amount is the total minimum dollar amount of guaranteed withdrawals you have remaining, provided withdrawals do not exceed the maximum annual withdrawal amount each rider year. The minimum remaining withdrawal amount on the rider date is
equal to the policy value (less premium enhancements, if the rider is added in the first policy year). After the rider date, the minimum remaining withdrawal amount is equal to the minimum remaining withdrawal amount on the rider date plus any premiums added after the rider date (not ) including premium enhancements, if any) less any
adjustments for withdrawals described below. 
  

			
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 ARTICLE II CONTINUED 
  
 Minimum Remaining Withdrawal Amount Adjustments 
  
 Gross partial withdrawals up to the maximum annual withdrawal amount will reduce the minimum remaining withdrawal amount by the same amount
(dollar for dollar). Gross partial withdrawals in excess of the maximum annual withdrawal amount will reduce the minimum remaining withdrawal amount by the greater of: 
  

	1)	the excess gross partial withdrawal amount; and 

  

	2)	the result of (A divided by B), multiplied by C, where: 

  

	 	A	is the excess gross partial withdrawal (the amount in excess of the maximum annual withdrawal amount remaining prior to the withdrawal); 

  

	 	B	is the policy value after the maximum annual withdrawal amount has been withdrawn, but prior to the withdrawal of the excess amount; and 

  

	 	C	is the minimum remaining withdrawal amount after the maximum annual withdrawal amount has been withdrawn, but prior to the withdrawal of the excess amount 

 
 Total Withdrawal Base 
  
 The total withdrawal base on the rider date is equal to the policy value (less any
premium enhancements, if the rider is added in the first policy year). After the rider date, the total withdrawal base is equal to the total withdrawal base on the rider date, plus the full amount of any premiums added after the rider date, less
any adjustments for withdrawals described below. 
  
 Total Withdrawal Base
Adjustments 
  
 Gross partial withdrawals up to the maximum annual withdrawal
amount will not reduce the total withdrawal base. Gross partial withdrawals in excess of the maximum annual withdrawal amount will reduce the total withdrawal base by the greater of: 
  

	1)	the excess gross partial withdrawal amount; and 

  

	2)	the result of (A divided by B), multiplied by C, where: 

  

	 	A	is the excess gross partial withdrawal (the amount in excess of the maximum annual withdrawal amount remaining prior to the withdrawal); 

  

	 	B	is the policy value after the maximum annual withdrawal amount has been withdrawn, but prior to the withdrawal of the excess amount; and 

  

	 	C	is the total withdrawal base prior to the withdrawal of the excess amount 

  
 Death Benefits and Spousal Continuation 
  
 Upon the death of the annuitant, we will pay an additional death benefit amount equal to the excess, if any, of the minimum remaining withdrawal amount over the base
policy death benefit and this rider will then terminate. 
  
 In the case of
spousal joint owners where one spouse is the annuitant, if the spouse who is not the annuitant dies and the surviving spouse is the sole beneficiary, the surviving spouse may elect to continue the policy and rider and no additional death benefit
will be paid under this rider. 
  
 In the case of non-spousal joint owners where
an owner who is not the annuitant dies, the surviving owner (who is also the sole designated beneficiary) may elect to receive lifetime income payments instead of receiving any benefits applicable to the base policy. The lifetime income payments
must begin no later than 1 year after the owner’s death and will be equal to the maximum annual withdrawal amount divided by the number of payments made per year. Once the payments begin, no additional premium payments will be accepted and no
additional withdrawals will be paid. If these payments are elected but the annuitant dies before the minimum remaining withdrawal amount equals zero, the annuitant’s beneficiary will receive a death benefit equal to the minimum remaining
withdrawal amount. 
  
 Designated Funds 
  
 If you elect this rider, you must allocate 100% of your initial premium payment, and any
subsequent premium payments into one or more of the designated funds. Until the [third] rider anniversary, you are prohibited from transferring any amount to a non-designated fund. After the [third] rider anniversary, you are not prohibited from
transferring to a non-designated fund, however, if you do transfer any amount to a non-designated fund, this rider will terminate. You can generally transfer between the designated funds as permitted under your policy. 
  

			
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 ARTICLE III 
  
 RIDER UPGRADE 
  
 You may elect, in writing, to upgrade the total withdrawal base to the policy value, after the third rider anniversary. At this same time, the minimum remaining withdrawal amounts will also be upgraded to the policy
value and the maximum annual withdrawal amounts will be recalculated based on the new total withdrawal base. 
  
 If an upgrade is elected, this rider will terminate and a new rider with the same features will be issued with a new rider date and its own rider fee percentage which may be higher than this rider’s rider fee
percentage. 
  
 The new rider effective date will be the date the Company receives
all information necessary, in a written form acceptable to the Company, to process the upgrade. The Company currently allows an upgrade at any time after the [third] rider anniversary. After your [fourth] rider anniversary, the Company reserves the
right to limit upgrade requests to 30 calendar days after each rider anniversary. 
  
 Signed for us at Our home office. 
  

					
			
	/s/ William H. Geiger	 	 	 	/s/ Jerome C. Vahl
	SECRETARY	 	 	 	PRESIDENT

  

			
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