Common use of Qualified Account Clause in Contracts

Qualified Account. An Account listed under the Qualified Accounts provision which receives favorable tax treatment under the Code.

Appears in 3 contracts

Sources: Group Guaranteed Income Annuity Contract (Genworth Life & Annuity Insurance Co), Group Guaranteed Income Annuity Contract (Genworth Life & Annuity Insurance Co), Group Guaranteed Income Annuity Contract (Genworth Life & Annuity Insurance Co)

Qualified Account. An Account listed under the Qualified Accounts provision which receives receiving favorable tax treatment under the Code.

Appears in 1 contract

Sources: Annuity Certificate (Genworth Life & Annuity Insurance Co)