Annuity Start Date Sample Clauses

Annuity Start Date. The Annuity Start Date is the date as of which the first Annuity Payment is computed under one of the Annuity Options. The Annuity Start Date shall not precede the third Contract Anniversary. The Owner may elect the Annuity Start Date at the time of application. If no Annuity Start Date is selected, SBL will use the later of the: the oldest Annuitant's seventieth birthday; or the tenth Contract Anniversary. The Annuity Start Date must be prior to the oldest Annuitant's 95th birthday.

Annuity Start Date. If 1.b. or 1.c.ii. is elected above and a Participant elects to delay the receipt of payments until retirement: (select one) []a. The delayed distribution date will not be treated as a new Annuity Starting Date.