FIXED ANNUITY PAYMENT OPTIONS TABLE Clause Samples
The Fixed Annuity Payment Options Table clause defines the various ways in which annuity payments can be structured and disbursed to the annuitant. It typically outlines different payment schedules, such as monthly, quarterly, or annually, and may include options for payments over a fixed period or for the lifetime of the annuitant. By clearly presenting these choices, the clause ensures that both parties understand the available payment structures and can select the option that best fits their financial needs, thereby promoting transparency and informed decision-making.
POPULAR SAMPLE Copied 1 times
FIXED ANNUITY PAYMENT OPTIONS TABLE. BASIS OF COMPUTATION The actuarial basis for the Table of Annuity Rates is the 1983a Annuity Mortality Table with projection and a guaranteed interest rate of 3%. The mortality table is projected using Projection Scale G factors, assuming annuitization in the year 2000. The Fixed Annuity Payment Options Table does not included any applicable premium tax. OPTIONS 1 & 4 - TABLE OF MONTHLY INSTALLMENTS PER $1,000. (MONTHLY INSTALLMENTS FOR AGES NOT SHOWN WILL BE FURNISHED UPON REQUEST.) OPTION 1 OPTION 4 OPTION 4 AGE OF LIFE ANNUITY LIFE ANNUITY ANNUITANT LIFE ANNUITY (W/120 PAYMENTS GUARANTEED) (W/240 PAYMENTS GUARANTEED) MALE FEMALE MALE FEMALE MALE FEMALE 55 4.23 3.84 4.19 3.82 4.05 3.76 56 4.32 3.91 4.27 3.88 4.11 3.81 57 4.41 3.98 4.35 3.95 4.17 3.87 58 4.51 4.05 4.44 4.02 4.24 3.93 59 4.61 4.13 4.54 4.10 4.31 4.00 60 4.72 4.22 4.64 4.18 4.37 4.06 61 4.84 4.31 4.74 4.27 4.44 4.13 62 4.96 4.40 4.85 4.36 4.51 4.20 63 5.10 4.51 4.97 4.45 4.58 4.27 64 5.24 4.62 5.10 4.55 4.65 4.35 65 5.40 4.73 5.22 4.66 4.72 4.42 66 5.56 4.86 5.36 4.78 4.79 4.50 67 5.74 4.99 5.50 4.90 4.86 4.57 68 5.93 5.14 5.65 5.02 4.92 4.65 69 6.13 5.29 5.80 5.16 4.99 4.73 70 6.35 5.46 5.96 5.30 5.05 4.80 71 6.58 5.64 6.13 5.46 5.10 4.88 72 6.82 5.84 6.29 5.62 5.16 4.95 73 7.08 6.05 6.47 5.78 5.20 5.02 74 7.36 6.28 6.64 5.96 5.25 5.08 75 7.66 6.53 6.82 6.14 5.29 5.14 76 7.98 6.80 7.00 6.33 5.33 5.19 77 8.33 7.09 7.19 6.53 5.36 5.24 78 8.69 7.41 7.37 6.73 5.39 5.29 79 9.09 7.75 7.55 6.94 5.41 5.33 80 9.51 8.11 7.73 7.14 5.43 5.36 81 9.97 8.51 7.91 7.35 5.45 5.39 82 10.45 8.94 8.08 7.55 5.47 5.42 83 10.97 9.41 8.24 7.76 5.48 5.44 84 11.52 9.92 8.40 7.95 5.49 5.46 85 12.10 10.47 8.54 8.13 5.50 5.48
FIXED ANNUITY PAYMENT OPTIONS TABLE. BASIS OF COMPUTATION
FIXED ANNUITY PAYMENT OPTIONS TABLE. BASIS OF COMPUTATION The actuarial basis for the Table of Annuity Rates is the 1983a Annuity Mortality Table with projection and a guaranteed interest rate of 3%. The mortality table is projected using Projection Scale G factors, assuming annuitization in the year 2000. The Fixed Annuity Payment Options Table does not included any applicable premium tax.
FIXED ANNUITY PAYMENT OPTIONS TABLE. BASIS OF COMPUTATION The actuarial basis for the Fixed Annuity Payment Options Table is the 1983a Annuitant Mortality Table, without projection with a guaranteed interest rate of 3%. The Fixed Annuity Payment Options Table does not include any applicable premium tax. OPTIONS 1 & 4 - TABLE OF MONTHLY INSTALLMENTS PER $1,000. (Monthly installments for ages not shown will be furnished upon request.)
FIXED ANNUITY PAYMENT OPTIONS TABLE. PAGE 20 CERTIFICATE DATA PAGE CERTIFICATE NUMBER: ANNUITY SERVICE CENTER: P9999999999 P. O. BOX 54299 LOS ANGELES, CA 90054-0299 PLAN PLAN ADMINISTRATOR: [403(b)] John ▇▇▇ ▇▇▇tributors CONTRACTHOLDER: None PARTICIPANT: AGE AT ISSUE: JOHN ▇▇▇ 35 ANNUITANT: FIRST PURCHASE PAYMENT: JOHN ▇▇▇ $10,000.00 ANNUITY DATE: CERTIFICATE DATE: December 1, 2028 July 1, 1998
FIXED ANNUITY PAYMENT OPTIONS TABLE. PAGE 20 CONTRACT DATA PAGE CONTRACT NUMBER: ANNUITY SERVICE CENTER: [P9999999999] P. O. BOX 54299 ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ ▇▇▇▇▇: AGE AT ISSUE: [35] [JOHN DOE] INITIAL PURCHASE PAYMENT: [$10,000.00] ANNUITANT: [JOHN DOE] CONTRACT DATE: [December 1, 1996] SPECIFIED ANNUITY DATE: CURRENT INTEREST RATE FOR FIXED ACCOUNT [December 1, 2026] OPTIONS: 1 Year Guarantee Period: [1.50%] LATEST ANNUITY DATE: 6-Month DCA Account: [1.50%] [December 1, 2051] 12-Month DCA Account: [1.50%] BENEFICIARY: MINIMUM GUARANTEE RATE FOR FIXED ACCOUNT As named by You OPTIONS: [1.0% - 3.0%]
FIXED ANNUITY PAYMENT OPTIONS TABLE. CONTRACT NUMBER: ANNUITY SERVICE CENTER: P9999999999 P. O. BOX 54299 LOS ANGELES, CA 90054-0299 O▇▇▇▇: ▇▇▇ ▇▇ ▇▇▇▇▇: ▇▇▇▇ ▇▇▇ 35 ANNUITANT: ▇▇▇▇▇▇▇ PURCHASE PAYMENT: JOHN DOE $10,000.00 SPECIFIED ANNUITY DATE: CONTRACT DATE: May 1, 2034 May 1, 2004
FIXED ANNUITY PAYMENT OPTIONS TABLE. BASIS OF COMPUTATION The actuarial basis for the Table of Annuity Rates is the Annuity 2000 Mortality Table with a guaranteed interest rate of [1.50%], with quinquennial age setbacks. For every five years that the Contract has been in effect at the time of annuitization, the Annuitant's age will be set back by one year to determine the applicable factors. The Fixed Annuity Payment Options Table does not include any applicable premium tax.