Common use of ANNUITY COMMENCEMENT DATE Clause in Contracts

ANNUITY COMMENCEMENT DATE. The Annuity Commencement Date is the Payout Election Date or the Annuitant’s 99th birthday, if no Payout Election Date has been established. Beginning on the Payout Election Date, only the Investment Segment will be Annuitized; the Rider will not terminate. If Annuity Payouts begin at age 99, because no Payout Election Date has been established and guaranteed annual withdrawals under the rider have not begun, the entire Account Value will be Annuitized at that time and any benefit under the Rider will terminate.

ANNUITY COMMENCEMENT DATE. The Annuity Commencement Date is the Payout Election Date or the Annuitant’s 99th 90th birthday, if no Payout Election Date has been established. Beginning on the Payout Election Date, only the Investment Segment will be Annuitized; , the Rider will not terminate. If Annuity Payouts begin at age 9990, because no Payout Election Date has been established and guaranteed annual withdrawals under the rider have not begunestablished, the entire Account Value will be Annuitized at that time and any benefit under the Rider will terminate.

ANNUITY COMMENCEMENT DATE. The Annuity Commencement Date is the Payout Election Date or the Annuitant’s 99th birthday, if no Payout Election Date has been established. Beginning on the Payout Election Date, only the Investment Segment will be Annuitized; the Rider will not terminate. If Annuity Payouts begin at age 99, because no Payout Election Date has been established and guaranteed annual withdrawals under the rider Rider have not begun, the entire Account Value will be Annuitized at that time and any benefit under the Rider will terminate.. J465-NYrev 17

ANNUITY COMMENCEMENT DATE. The Annuity Commencement Date is the Payout Election Date or the Annuitant’s 99th birthday, if no Payout Election Date has been established. Beginning on the Payout Election Date, only the Investment Segment will be Annuitized; the Rider will not terminate. If Annuity Payouts begin at age 99, because no Payout Election Date has been established and guaranteed annual withdrawals under the rider Rider have not begun, the entire Account Value will be Annuitized at that time and any benefit under the Rider will terminate.