Examples of Interest Accounts in a sentence
These options are as defined in your contract and may also be referred to as Guaranteed Interest Accounts.
For purposes of this rider, references to Guaranteed Interest Options also include any options defined in your contract as Guaranteed Interest Accounts.
If a Participant elects to receive a distribution of his or her Interest Accounts in installments, the Plan Administrator may purchase an annuity from an insurance company which annuity will pay the Participant the desired annual installments.
Within a reasonable time after the end of each calendar year, the Plan Administrator shall report in writing to each Participant the amount held in his or her Interest Accounts at the end of the year.
The principal and interest due on the Bonds until maturity shall be paid by the Trustee from the Principal and Interest Accounts.