Income Date is the date when income payments under this Contract commence. This date is shown in the Schedule.
Income Date. You select an Income Date at the time of issue. The Income Date must always be the first day of a calendar month. The earliest Income Date you can select is two years after the Issue Date. The latest Income Date you can select is the later of the first day of the first calendar month following the Annuitant's 85th birthday or 10 years from the Issue Date, or the maximum date permitted under state law. You may, at any time prior to the Income Date, change the Income Date by Authorized Request 30 days in advance. SELECTION OF AN OF AN ANNUITY OPTION: You can select an Annuity Option by Authorized Request. If no Annuity Option is selected, Option 2, with 120 Monthly Payments Guaranteed, will automatically be applied. You may, at any time prior to the Income Date, by Authorized Request 30 days in advance, select and/or change the Annuity Option.
Income Date. The date on which Annuity Payments are to begin.
Examples of Income Date in a sentence
BENEFICIARY'S ENTITLEMENT TO DEATH BENEFIT BEFORE THE INCOME DATE.
LIFETIME INCOME DATE The Lifetime Income Date is the earliest date on which the initial LIA is calculated.
LIFETIME INCOME DATE The Lifetime Income Date is the date on which the initial LIA is calculated.
EFFECT OF WITHDRAWALS ON OR AFTER THE LIFETIME INCOME DATE Beginning on the Lifetime Income Date, the Benefit Base will not reduce if total Withdrawals during a Contract Year are less than or equal to the LIA.
BENEFICIARY'S ENTITLEMENT TO INCOME PAYMENTS AFTER THE INCOME DATE.
More Definitions of Income Date
Income Date is the date when income payments under this Certificate commence. This date is shown in the Schedule.
Income Date. The date on which Annuity Payments are to begin. INVESTMENT OPTION(S): Those investments available under the Contract. Current Investment Options are shown on the Contract Schedule.
Income Date. The date on which Annuity Payments begin. The Income Date is shown on the Certificate Schedule. In Force: The status of a Certificate before the Income Date so long as it has not been totally surrendered and there has not been a death of a Certificate Owner or Joint Certificate Owner that will cause the Certificate to end within five years of the date of death. Office: Our executive office shown on the Certificate Schedule. Person: A human being, trust, corporation, or any other legally recognized entity. Portfolio: A series of an Eligible Fund which constitutes a separate and distinct class of shares.
Income Date is the date annuity payments begin. The Income Date is shown on page 3 and can be changed by written notice to us.
Income Date. The date on which Income Payments begin. The Income Date is shown on the Contract Schedule. In Force: The status of a Contract before the Income Date so long as it has not been totally surrendered and there has not been a death of a Contract Owner or Joint Contract Owner that will cause the Contract to end within five years of the date of death. Office: Our executive office shown on the Contract Schedule. Person: A human being, trust, corporation, or any other legally recognized entity. Portfolio: A series of an Eligible Fund which constitutes a separate and distinct class of shares.
Income Date. [February 1, 2070] Initial Fixed Account Minimum Interest Rate: [1.10%] The Fixed Account Minimum Interest Rate will be redetermined on each Redetermination Date, as described under the Accumulation Provisions. Beneficiary(ies): [Xxxxx Xxx] Mortality and Expense On an annual basis, this charge equals [1.10%] of the daily Charge: net asset value of the Investment Divisions.
Income Date. Your Income Date is shown in the Contract Schedule as the latest date we allow, which is the first day of the calendar month following the Annuitant's 90th birthday. You may make an Authorized Request for a different date, however any such request is subject to Company approval. The Income Date must always be the first day of a calendar month. The earliest Income Date you can request is a date that is at least thirteen months after the Issue Date. The Income Date will never be greater than that permitted under state law. SELECTION OF AN ANNUITY OPTION: You can select an Annuity Option by Authorized Request. You may, by Authorized Request, at least 30 days prior to the Income Date, select and/or change the Annuity Option.