Numerical Example. Sum of Contract and Rider (if applicable) Contributions = $50,000 Annuity Account Value = $40,000 Withdrawal amount - $4,000 Adjustment = $36,000 ($40,000 - $4,000)/$40,000 = 0.90 Guaranteed Minimum Death Benefit = $45,000 ($50,000 x 0.90) The following terms apply:
Appears in 4 contracts
Sources: Individual Flexible Premium Variable Annuity (Variable Annuity-2 Series Account), Individual Flexible Premium Variable Annuity (Variable Annuity-2 Series Account of Great-West Life & Annuity Ins. Co.), Individual Flexible Premium Variable Annuity (Variable Annuity-2 Series Account)
Numerical Example. Sum of Contract and Rider (if applicable) Contributions = $50,000 Annuity Account Value = $40,000 Withdrawal amount - $4,000 Adjustment = $36,000 ($40,000 - $4,000)/$40,000 = 0.90 Guaranteed Minimum Death Benefit = $45,000 ($50,000 x 0.90) The following terms apply:
Appears in 1 contract
Sources: Annuity Contract (Variable Annuity I Ser Acc of GRT West Li & Annu Ins Co of Ny)