Annuity account definition

Annuity account or "annuity" means an account established for each member to record the deposit of member contributions and employer contributions and interest, dividends, or other accumulations credited on behalf of the member.
Annuity account or “annuity” means an account established for each member to record
Annuity account means an account that is established for each

Examples of Annuity account in a sentence

  • Interests in insurance policies or annuitiesInsurance company Insurance policy No. Annuity issuer name Annuity accounttype Annuity account No.

  • The Investor may withdraw their full capital from the policy in the event that the total value of their Sygnia ForLife Living Annuity account falls below the prescribed amount as set out by the Minister from time to time in terms of the Income Tax Act.

  • Said council shall be presided over by such person as may be designated by the Secretary of the Interior.Fifth.

  • Annuity account which shall include annuity contracts owned by a governmental retirement plan (or its trustee) established under Section 401, 403(b) or 457 of the United States Internal Revenue Code.

  • Receive interest in their Larger Annuity account at the same rate of return and in the same manner as is used for their regular member contributions (i.e., floating average for the five-year Treasury Note); or,Receive a rate of return in their Larger Annuity account based on the LACERS rate of return, net of fees, for the publicly-traded, highly liquid strategies of the LACERS investment portfolio.

  • You must complete the appropriate documentation and indicate the name and address of the trustee or custodian, and the 403(a) Annuity account number.

  • The Variable Payment Life Annuity account represents assets held by the Plan for the individual accounts of retired members receiving a variable annuity administered by the Plan.

  • Annuity account, which shall include annuity contracts owned by a governmental retirement plan or its trustee established under Section 401, 403(b), or 457 of the United States Internal Revenue Code 1954, but shall otherwise exclude unallocated annuities.

  • The Petition does not contain reasonably comprehensive descriptions of sixteen certain elements in its program and operations as set forth in Education Code section 47605, subdivision (b)(5) (A-P), which describes sixteen separate elements that must be addressed in every petition to establish a charter school.

  • Is INCOME VALUE the same as Mutual Fund or Variable Annuity account Values?No. Mutual fund and variable annuity account values are cash values that an investor has access to.


More Definitions of Annuity account

Annuity account or “annuity” means an account
Annuity account means the segregated investment account maintained by the Debtor into which the actuarial value of the Annuity Claims are maintained, which contained$601,890.58 as of the Petition Date.
Annuity account means the account established for each Participant pursuant to the Plan.
Annuity account means an account that is established for each participant to record the deposit of participant contributions, employer contributions and interest, dividends or other accumulations credited on behalf of the participant.
Annuity account means a Participant’s aggregate Annuity Deferral Contributions for all years, plus any amounts credited to the Participant’s Annuity Deferral Account under Section 3.3(b), reduced to reflect all distributions and withdrawals.
Annuity account means the account to which all amounts meant to purchase annuities and all amounts determined under sub-regulation (3) of regulation 3 shall be credited, and to which all payments, charges and expenses in accordance with sub-regulation (4) of regulation 3 shall be debited;

Related to Annuity account

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.